Tuesday, March 01, 2011 7:27:09 PM
The people who do this are often buying cheap while they trash the company. People have even posted charts on this board showing how individual special interest group people promote to raise pps and then sell and then anti-promote to push price down so they can buy cheap again.
So the market essentially forgets about the soon coming shipping/substantial revenues and all the other good things in the 2-28 PR.
The proof/dd has been posted. Once the ore is past the customs at the port the only place it can go is the ship-which means revenue-and I would think there would be several shiploads at the port by Mar 17 so a ship could sail every 2 weeks,as pesquero noted weeks ago.
As I posted earlier,if this was another game by special interest groups, us dd longs unwittingly played into the game by posting the red flags about the buyout offer. It does not always occur to us how the market will twist this dd into something negative.
In the end,it does not matter to company operations whether the buyout is a legit offer.
What mattered to me was that the company could do much better on its own and achieve a much higher price on is its own in the coming months. And once a few ships have left port buyout offers could be much higher and even more months down the road.
But fear usually controls and distorts the message.
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