shorts up, page-15

For the last month there has been a tendency to call the CMR shorters crazy/nuts and losers. I know who has been making the money on this over the last couple of weeks - the crazy ones!

All depends on your investment outlook. If, like me, you are in for the long haul, the opportunities that make the shorters their money simply give the rest of us great buying opportunities. I can sleep at night thinking of the values CMR will deliver in the years to come. I couldn't sleep if I was desperate for a given sp on Monday, Tuesday or any other particular day. The later is punting not investing IMO.

On the stamp duty, it is HNC's fight not CMR's. I can't see the Chinese walking away, they got their share of the resource cheap at today's values. But I reckon the Stamp duty assessment will be quite are large amount and probably much more than the Chinese want to pay.