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charlie aitken (bell potter) on iron ore...

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    05/08/12
    16:41
    Post #: 10529247
    ...taking a contrarian view (of iron ore) is Bell Potter Wholesale managing director Charlie Aitken.

    The outspoken stockbroker last week criticised the media for its attack on "all things China facing, all things iron ore and BHP itself".

    "It's a textbook corpse kick," Aitken says. "But if you kick a corpse, you want to make sure it hasn't got a pulse."

    He is recommending that Bell Potter clients first "buy some BHP, secondly buy a pure play iron ore stock, and thirdly buy a decent bottle of red to open in three years' time when you've made plenty of money".

    http://www.theaustralian.com.au/business/wealth/miners-dominate-brokers-top-picks/story-e6frgac6-1226442526903
    EIO Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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