WSA western areas limited
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The nickle price has been deliberately melted by hedge funds and...

  1. copperroad
    12,961 Posts.
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    20/06/17
    10:49
    Post #: 25374942
    The nickle price has been deliberately melted by hedge funds and speculators trying to break it down. WSA is one of the resource sectors biggest shorts as well. Indonesia played around with economics and assumed that the physical price would justify all this smelter investment. Proves that politicians are no match for reality. This is relatively fresh news, so folks in London and OS will need to awake and see what has changed. The next lot to blink, will be the shorts if she gathers momentum. Looks like that has started. dyor
    WSA Price at posting: $2.02 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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