MGX 5.08% 28.0¢ mount gibson iron limited

sudden dump, page-32

  1. 2,146 Posts.
    With the presentation happening yesterday, I would have thought we would have seen some kind of recovery.
    I know that the Aust market is now completely madly oversold, and it seems that people may be just selling stock they have just to pay margin calls.
    What we need is a 1000 point lift so that sanity will return.
    Afterall as one leading man from Canberra said ' Our economy is strong!'

    I bought MGX at 48 then 45.5 then 38, and I know that as soon as I sell, they will rocket to 60cents plus.

    So I have to stay put and be patient
 
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