I think its quite simple as to why there are so many downrampers coming out of the woodwork today.
They are annoyed with themselves for not being holders prior to this announcement today as they weren't expecting an announcement until early August. You can tell from there posts that they are furious with themselves and why wouldn't they be, 40% increase in oppies on a 170 point slaughtering day.
It just goes to show you that an announcement can occur at any time and that is why you must hold in anticipation of these types of unexpected announcements. When will the next announcement be and what info will it contain?????
We should never assume anything in relation to the stock market.
Just my thoughts, happy days.
L4L
iron ore, page-125
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