ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

UBS cuts ARI to sell, page-35

  1. 1,244 Posts.
    My sentiment was a buy at 27c when the market was rising. When the market sentiment changed to sell I sold. I locked in a 40% profit.

    IMHO mining shares are purely speculative and should never be considered as long term investments.

    I suggest you look at the historical iron ore prices. They were below $40 (adjusted for inflation) for decades until 2007.
 
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