I just thought I'd post this as I've lost a bit of $ in CFE after taking a strong but recommedation from some clown on YMYC Shares (Sky Business). This bloke recommended CFE at 46c target based upon their Africa Marampa project alone, 'great iron ore holdings'. This was when share price was around 23c. Ok I know DYOR but at the time YMYC would have known about internal issues at CFE with TS, ATO problems, Marampa not being such a jewel after all, etc etc problems with CFE. Same thing with FMG and MGX (iron ore miners), this bloke would have known at the time big shorts on these two were coming up yet he gets up there and makes strong buy recommendations. Naturally I'm peeved off big time with this bloke (whoever he is can't remember name) and also YMYC
Anyway just thought best to share this as you would think they present a fair and unbiased opinion, when I look back the way he was doing it to me suggested otherwise
I'd be interested if anyone else was caught out by this
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