AGO 0.00% 4.5¢ atlas iron limited

AGO loses money! It is a losing money business! The evil...

  1. 1,362 Posts.
    AGO loses money!

    It is a losing money business!

    The evil shorters have nothing to do with that fact!

    IMO they are taking a big risk by shorting when there
    is clearly a good chance that AGO could be taken over for
    a premium!

    I think 10 cents is highly likely given the commentary from
    U-Metal the last couple of days re: the IO price November!

    There is no conspiracy other than by big Australian businesses
    ramping up production and problems with the Chinese economy!


    As for today: Iron Ore futures up almost 3% for the all important January!

    You should get a reprieve tomorrow.
    Good Luck.
 
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