Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,281
- Reactions
- 8,555
LOL @ BHP and LOL @ BHP investors.
Enjoy $20 bucks.
Chasing pathetic dividends while capital is raped...sounds good.
The facts are china don't need it because it has slowed down, aus economy has slowed down despite what the BS figures are published, this was my reason and is still my reason why i think BHP will tumble even more.
Mining stocks are a gamble at the highest level once prices tumble they seem to take a very long time to recover if they do recover.
Look at RIO the same thing will happen with BHP $15-$20 bucks at tops.
Edit - I remember many guru's many experts and general share holders saying '' iron or will never drop below $80 are you crazy! '' BHP has investments in OIL.......and Iorn Or....
This is trolling, no decent discussion can come from it.
This is not trolling, because your actually bringing up a few points which could have started a discussion.
The bad thing about trolling is not only does it not assist in starting a rational dialogue where you can share your views, it also denies you the possibility of learning something yourself.
who knows if you had not been such an a$$ from the start, maybe you might have learned something.
Yes, teach me something about this blue chip when i exit the short position @ $20.I will wait until that time.
Merry Christmas & Happy and prosperous new year!
Ok, hold your shot positions until they are below $20 and we will see who's capital is destroyed longterm.
:iamwithst
I used $4k of my capital on this short position since $31. If i fail i fail and lose less than someone who invested in this junk since 2010. If i do hit my target of $20 well.... i will be cashing in for a nice xmas gift and still be ahead if i purchased in 2010.
Hang on..........I'm a troll right............?
It's all about ROI and in what time frame.......in 30 years BHP could be $500 or $5.
In saying all of this.................................
* China has slowed down big time ( all financial releases are fake and fabricated )
* China is not going to buy iron or for $100+ a ton
* Oil has collapsed and will probably collapse down to $45.00 ( BHP will take a hit )
The smart ones would have exited this position sooner rather than later.
I used $4k of my capital on this short position since $31. If i fail i fail and lose less than someone who invested in this junk since 2010. If i do hit my target of $20 well.... i will be cashing in for a nice xmas gift and still be ahead if i purchased in 2010.
Hang on..........I'm a troll right............?
It's all about ROI and in what time frame.......in 30 years BHP could be $500 or $5.
In saying all of this.................................
* China has slowed down big time ( all financial releases are fake and fabricated )
* China is not going to buy iron or for $100+ a ton
* Oil has collapsed and will probably collapse down to $45.00 ( BHP will take a hit )
The smart ones would have exited this position sooner rather than later.
It is all a gamble, I know someone who bought 100,000 at $4, also bought 400,000 TLS at $3.50. Probably going to blow his feet off, but he is 80 now.lol
Well you certainly don't lack ego or confidence. Maturity suspect however. Aka unconsciously incompetent.
Posts of the kind you make add nothing. Also very boring.
Posts of the kind you make add nothing. Also very boring.
Yes it's boring, so why are you reading it and bothering to reply to it?
Sorry if you hold BHP, it might work out for you in the distant future.
PS - Trend is your friend
Long term? It's back below what it was 5+ years ago.
Who's talking about 5 years ago?
you have made a specific claim, about BHP hitting $20.
Lets see you hold that short until it hits $20.
Please hold any cocky replies until your short position hits that target.
If BHP hit $20 I for one will be adding.
Resources are required to build first world infrastructure.
Currently all the third world populace can afford, is mobile phones and t.v's, this unfortunately shows them what they are missing out on.
It is a massive motivator, the demand will ebb and flow, however the underlying demand and cost of non renewable's will increase, until we can replace them.
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