MBN 0.00% 8.3¢ mirabela nickel limited

brokers recommendation sp targets, page-37

  1. 4,578 Posts.
    "But it's a broker rating, it means nothing."

    Yes exactly... Over the yeas as a trader I have lost count on how many broker reports get it wrong time and time again...
    To me they are nothing but glorified car salesman!! And the suckers who choose to believe it get burnt!!

    Also the broker which is recommending a buy is in fact the one manipulating the stock by using bots,iceberg trades to short etc etc... Don't be fooled by them!!

    For me it's simple if a company is not making money and burning money it is a dog!!

    And I don't buy into this nickle price will or should be higher in so many months..Fact is commodity prices are driven by lots of macro events and who know which way the price will go.... To me that's a good investment strategy....

    MBN has always been a high cost producer and I can't see that changing.....

    Nothing but a trading stock now...

 
watchlist Created with Sketch. Add MBN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.