ZFX zinifex limited

buy day for me, page-23

  1. 10,644 Posts.
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    yes fool.

    ZFX YTD - 2%
    Zinc YTD - 20% or so


    First post hmm:

    Subject: be bloody carefull
    Posted By: gann45
    Views: 415
    Post #: 1430169 (Start of thread)

    A friend of mine has had a few big plays in this stock so I have been following somewhat.

    I know everyone who owns this stock will argue with me that it is different this time re China & India. But Zincs rise will not last. Just the same as copper's rise hasn't.

    Spot zinc is very vunlerable right now breaking under $2 and not been able to regain it.

    I personally felt that Zinc should have run futher before running into trouble.

    However, if I owned ZFX I would be bailing today until Zinc finds a solid footing again.

    Note ZFX has been getting very choppy lately with sharper declines.


    http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=401069#1430169
    Selling pressure is increasing.
 
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