Hey GMI'd say investors taking profits from the easy gains made...

Hey GM

I'd say investors taking profits from the easy gains made over the past months from $1.80 on the back of the iron ore price hike. (Some sellers would be taking losses after getting in at the end of the run and just protecting captial now).

With turbulence in the market place (Dow down, Greece shitting itself, Mr Rudds Fail Henry Tax) people obviously feeling safer with money of the table and now the shorters are putting on the squeeze.

Looks like an opportunity to me though.

GIR AGO MGX GRR all look over sold to me so i'll start slowly accumulating.