IAMGOLD Corp (IAG)

[Keystone Phil]

I think that we're finally seeing capitulation though. Of course, I thought that around $9, then $8, then $7. But in all honesty, I think we unfortunately all got caught looking for a normal bounce and they just beat it to death. I really feel that when this does go, it's gonna GO. China isn't helping, conflict in Mali isn't helping, but this thing is trading where it was in FEB/MAR of 2009. I'm pretty sure gold wasn't 1600. And I'm also pretty sure that they didn't have a billion in cash. So, whenever this thing gets done getting the shit kicked out of it, it realistically should go back up just as quickly. I'm still just as irritated as you and everyone else, but even with all this bad news it shouldn't be trading this low.