There was one and I can't recall his profile probably a forgettable one was saying it will
drop down to $15 a share and the IO at $50 which was a nonsense.
I get the feeling some don't own any stocks.
Their loss and our gain in the coming weeks/months.
Can't see IO getting to $150US/T which I see one is suggesting more like in the $120US/T range.
To get at $150US/T there would have to be a large stimulus Chinese growing package and
they have a debt problem. So I think IO will round out at $120US/T or so.
Iron ore price, page-52832
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$17.97 |
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