gs ann - shorters for short term..., page-16

elze sez 12cents. I concede NOBODY buys at the bottom and sells right at the top, but 12c-$4.24 = a 35 fold increase!!! tell me it's not a casino out there!! I agree that financially speaking NWH in far better shape today. It boils down to how much miners will squeeze NWH margins. Everything is on the table. Take FMG or AGO. If IO dips back to $90 they face going under. Inconceivable contractors won't be willing to re-negotiate terms in order to maintain business. If IO hits $70-80 range (without a substantial fall in AUD) then its all over to IO except BHP and RIO. These shares will pay a highish dividend because shareholders demand (and deserve) a good return for the risk they face on their investments. Hopefully short selling will die off. Its hammered the SP down much faster than would be otherwise, but perhaps $1.10 was always on the cards? With goldies getting hammered I've only got a small amount of spare cash. Am willing to be patient and wait for right moment to invest in something. Confession season on ASX is over and FY13 results due in 2 months. A lot can happen in 2 months. Ask Japan.