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clock Created with Sketch. 08/12/21
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Originally posted by Greatone:
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1. The sudden appearance of negative posters. As iron ore prices were falling a group of negative posters suddenly appeared. These people posted energetically, were not holders, and very passionately posted negative opinions of FMG and iron ore in general. These posters loved to quote analysts and loved to tell us that analysts were saying we should sell our FMG shares. 2. Analysts Downgrades. Analysts who were supposedly independent starting reducing their valuation of FMG shares. Despite these valuations supposedly reflecting the long term value of the shares the analysts reacted to the short term price movements. A sure sign these analysts either did not know what they were doing or were not independent. So analysts who had been saying "buy" at a high share price were now saying "sell" at a lower share price. 3. The disappearance of the negative posters. As iron ore prices have now bounced the negative posters who turned up on hotcopper have mysteriously disapeared. They are not here any more. Why?
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you are absolutely right.
(20min delay)