ABR RERATING., page-40

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Daz08

934 Posts.

153

29/09/21

22:50

Post #: 56448194
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Originally posted by Roar987: ↑

Well folks, in this instance I am thinking that Daz might in fact be correct. Today I'm going to sell the remaining RIO I've held since $38, I took profits to sink into ABR.

Though with watching the stampede in China, I have no doubt we are witnessing an implosion similar to what played out when I was living in Arizona in 2007/8.. Initiated by a Chinese property in this instance, which has already torn down some of their biggest companies, and will affect 4 of the 5 biggest global banks (which are Chinese) properties prices to annual income spread is X30..

I'll be halving all risky, non profitable investments. As thinking this is a prime opportunity to buy back in once the dust settles, to see which companies in fact survive.. This will be the first major shock for a lot of newbie investments. Do your own research around Evergrande. Im not playing doom and gloom, but my position of monitoring what's playing out.

A seeking Alpha article. Evergrande is the tip of the iceberg summaries what I've been suspecting for the past two years. Steel and commodity prices are about to plunge.. except for gold of course..

Eitherway, I'm taking this as an opportunity to release some gains. Sit and wait to buy back in across all segments and accelerate my gains over the next 3-4 years of correction.. These opportunities in life are rare, but the cycles do happen when you wait and watch for them..

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good to see i have a happy customer. I think your going to be right short term with Rio. And wrong to put it all in abr. Cash is king at the moment

ABR Price at posting: $1.42 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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