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Chinese traders tip iron ore to hit $US70, page-130

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12/11/14

22:03

Post #: 14280155
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Originally posted by hotwolf ↑

I dont see your point

.Citigroup borrows stock to aggressively short Atlas. All shorting must be covered so they followed the law

2. Citigroup hits the media channels and calls IO will to fall under $60/t (not may fall, or could fall, but will fall) Its clearly a forecast. Citigroup are in no way guaranteeing the price and no one takes it that way.

3. Overnight Citiigroup releases a downgrade to sell, target price $0.1 This is the logical step following their ore forecast so what is your issue here? that their view is counter to your bleeding long? Grow up

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Hotwolf, what the? My bleeding long? I haven't held iron ore long for the past 6 months.
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