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08-04-2012, 10:08 PM
I sold this and switch to CNOOC and GOME electrical.........no more mining for time being unless US lauched QE3.....
GOME had dropped a lot and I am buying for long term......being the first or second largest in china, I think as people in china become richer, GOME is going to do well....
GOME had dropped a lot and I am buying for long term......being the first or second largest in china, I think as people in china become richer, GOME is going to do well....
(29-03-2012, 02:29 PM)chaosdiablo Wrote: Sold....wait for chance later
(27-03-2012, 10:18 PM)dzwm87 Wrote:(27-03-2012, 09:49 PM)chaosdiablo Wrote:(27-03-2012, 09:41 PM)dzwm87 Wrote: iron ore prices have fallen 20% lately
Oh, so should sell......will drop to below 1.60???
i not saying buy or sell or hold.. just FYI.. iron ore prices had fallen around 20% YTD
if you've read the recent bbg articles, drop in infrastructure investment will likely lead to fall in demand for steel..
*not vested*