AGO 0.00% 4.5¢ atlas iron limited

That article last week down ramping from China of the IO demand,...

  1. 2,722 Posts.
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    That article last week down ramping from China of the IO demand, while most don't believe it, the bigger players have no choice but to reposition themselves a little as a matter of precaution to lower their risk exposure. Normal stuff just like the debt holders months ago. We can sell in a blink if the world was to end and wipe a few lines so little impact, they hold too many shares for that.

    In summary what I am saying is China forced there hand to reposition from hot bullish IO position to easy does it don't get too greedy I'm the one paying for the iron ore. So while the big guys reduce other smaller or new guys take a position.

    That my view anyway. I'm still parked and chilling out.
 
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