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Re: TraderForLife009 post# 558

Friday, 01/29/2016 1:44:45 PM

Friday, January 29, 2016 1:44:45 PM

Post# of 793
You're right on about that. I was going to say that the option chain is the only way to play this now but I got all wound up and on a different tangent and forgot to mention it.

VALE is getting hammered and #4 on the most shorted list and that's what I mean by the Govt. of Brazil manipulating it to stay above water as their economy and their own accounts depend on it.

The legal battles haven't even started yet which will finish VALE as they are already way over their head with the S11D expansion which will be ready just in time for RIO or BHP to take control when VALE get wiped clean.

http://www.wsj.com/mdc/public/page/2_3062-nyseshort-highlites.html
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