WMT western metals limited

going down the drain, page-7

  1. 2,988 Posts.
    The big problem here is Dines recommendation of a stop loss at 27c. The huge following of Yank investors that follow his word religiously will have followed this and many of their shares will now be on the market.

    Dines is a double edge sword - he has no power to predict the market - he directs the uranium market as thousands flock to a share when he says it is going up and it becomes self fulfilling - of course when he gets negative it goes down - nothing to do with fundamentals.

    IMO we are now unfortunately set to see it fall until the Yank lemmings are out. Probably a good time to buy a cashed-up company.
 
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