All iron ore producers won 2day but the lower leveraged player AGO looks like it will win due to low leverage in a low interest rate environment. 1 trading rule to remember for future perhaps in depressed markets?
ARI Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held
BCI Price at posting:
62.0¢ Sentiment: Sell Disclosure: Not Held
FMG Price at posting:
$2.83 Sentiment: Sell Disclosure: Not Held
MGX Price at posting:
28.5¢ Sentiment: Hold Disclosure: Not Held
AGO Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
