YML unknown

up 12 percent today....going to 70 cents soon

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    9,188 Posts.
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    04/07/07
    11:20
    Post #: 2591514
    looking VERY, VERY STRONG

    in my eyes, yml was clearly sold down by someone wanting to pick up the options cheaply

    think about it

    those options at 12-13cents 2 weeks ago are now worth 32.5 cents

    thats a 300% 2 week gain

    fundamentals are great for this company

    i think they will firm up 60-100mn tonnes at around 58%Fe

    As ive said, holding for rest of year at least

    YML Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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