Good posts all. I watch WSA daily. I am furious the CFD company cocked-up my stop and booted me out at $7.40. No use crying over spilt milk. I shorted FMG and have done ok. Have taken siome profits and reckon it will go to $8 within 2 months and maybe $7. Anyway, although i remain a bear re world western markets (and it will affect us)a fall in Ni price to say $10/lb will (ironically) blow pig iron and some (not all) laterite miners out-the-water. WSA is highly profitable. You can see the metal!! So yes.... i feel China is slowing..... but Ni production should/will taper off as well. I will re-enter. just want a clearer signal re price has steadied. One can never call the exact bottom..... but feel market is still soft. Have read several brokers reports. Amazing how long they took to discover WSA. Have a loooong weekend. cheers MM
WSA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
