CIA 4.74% $6.43 champion iron limited

I think that many just expect stocks to go up even when...

  1. 3,598 Posts.
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    I think that many just expect stocks to go up even when fundamentals are strong and it's product margins are increasing. But the market doesn't work that way. Sometimes it runs ahead of itself and sometimes it deflated for little or no logical reason.

    I wouldn't worry too much about a dip atm. It's only temp imo and we should sees strong upswing based on the strong fundamentals. The same applies to other strong Fe miners with great prospects. The tyres of the market have been let down a bit across the board due to concerns about global economic activity and the Fed raising rates. It's that simple.

    Nothings changed. Still a good buy for me.

    All ImO / DYOR / not investment advice etc etc etc
 
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Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
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