Australia's largest stock trading and investment forum Australia's #1 stock forum

AGO

Click for more information

0.00%

4.5¢ atlas iron limited

Iron ore price, page-199

First 199 Last

Share
Profile

Follow
eyeswideopen

11,423 Posts.

504

02/03/17

11:34

Post #: 23040278
Share

Originally posted by Mutley8 ↑

That article last week down ramping from China of the IO demand, while most don't believe it, the bigger players have no choice but to reposition themselves a little as a matter of precaution to lower their risk exposure. Normal stuff just like the debt holders months ago. We can sell in a blink if the world was to end and wipe a few lines so little impact, they hold too many shares for that.

In summary what I am saying is China forced there hand to reposition from hot bullish IO position to easy does it don't get too greedy I'm the one paying for the iron ore. So while the big guys reduce other smaller or new guys take a position.

That my view anyway. I'm still parked and chilling out.

Expand

The big players do not invest on headlines or articles!

The big players take up to 10 working days to work through their processes.

AGO Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

AI stocks: What to expect in 2024-25

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

There are more pages in this discussion • 10,292 more messages in this thread...

First 199 Last

Add AGO (ASX) to my watchlist