Arrium is in a different situation here. It should be in a better position than these pure iron ore miners, however it is so screwed because of the manipulations. Someone is pushing the price down to accumulate, and when they get enough the share price will finally start to rise. But we, the small retail investors, will never know when there is an end.
When I am sure that this manipulation is over, I will buy more to average down.
ARI Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held