what can happen to goldies like igr ..., page-28

will be interesting to see if it gets savaged with the rest of the market today. dont think so personally after announcement, but not expecting much upwards movement. as recovery gets priced out of the US market in coming months and xjo follows dow down selling pressure could really weigh on igr. i am more with rabbit on this one, think we will definetely revisit the mid-low 30s again. i have shorted xjo as a hedge because there is no way in the world i am selling igr.