When to BUY, page-28

Continuing from my post yesterday:

They should hang their heads in shame, not only that but a clipping around the ears for misleading many that had the chance to exit in the green or cut losses to a minimum but held on for reason below:

The Australian Jan 30, 2014
Atlas managing director Ken Brinsden said the company was moving towards finalising an agreement that would allow it to access the rail and port infrastructure needed to support a significant lift in the miner's output.

The west Australian Feb 12, 2014
But Mr Brinsden made it clear yesterday that Atlas viewed its Port Hedland allocation, including South West Creek, as its key bargaining chip. The company was increasingly confident a deal was close, he said.

And the list goes on, Keep it going Ken Brinsden, you're doing a mighty fine job, Just think of all the people who had the chance to get out at the $1.20 area but held for the above reasons.

Oh yea and dont forget there was the "imminent rail deal"
Imminent definition: Likely to occur at any moment

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London 12 June 2014:

Top Cliffs’ stakeholder seeking to oust board at AGM

One of the largest shareholders in US iron ore pellet producer Cliffs Natural Resources, Casablanca Capital, has demanded that the miner replace its management team and return more capital to its shareholders.

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That is exactly what needs to be done to the Atlas board. Shame!!! Knowingly uttered untruths.