One of the few things keeping me in this stock (apart from mindless optimism, blind faith, the whole China/India/Asia urbanisation story, and a tip from a wino several years ago) is that the BOTS KEEP TRADING IT! Why would an institution waste any research or effort and amend (however simple) a computer program to trade shares in a company if they thought it would not rise again and give them a chance to make a motza? The future of iron as part of the global economy is set in concrete (much of it literally) and no debt etc etc for IOH still make this a worthwhile junior to invest in.
Dare I suggest a buy...
IOH Price at posting:
87.5¢ Sentiment: LT Buy Disclosure: Held
