. He posts profusely on FMG even though he does not hold it. Perhaps the strategy is to get the SP down and then dive in"
We've been through this same churlish thing before and my response to it is the same as it was before, namely:
Yeah, spot on. You've bust @madamswer driving down the share price because of his/her great influence across investment markets, in which - by posting stuff on a rather obscure stock chat forum - he/she is able to influence the collective actions of thousands of investors (institutional or otherwise) in relation to what happens to a near-$50 billion company whose stock averages daily turnover of hundreds of millions of dollars.
The stock price crunch hasn't been due to the iron ore price being in the toilet for the past three years or due to investor scepticisms about the way shareholder capital is being allocated.
No, it's that pesky madamswer's doing.
He/she has all that great influence over global capital which is driving the share price down.
You sure madamswer didn't get RIO to report a weak quarterly production report today which provided even more selling pressure, to add to the already significant amount of selling over the past several years arising from madamser's influence?
[#Flattered#but#nargh#don't#think#so]
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FMG Price at posting:
$14.88 Sentiment: None Disclosure: Not Held
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