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| Grimreaper |
 Posted: Thu Jul 12, 2007 12:40 pm Post subject: RIO |
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CFO
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I dropped my chort in MDR and replaced it wit RIO taday. Same basic seckter. My MDR trade was actually an "add" to a chort in which I entered lower....and then averaged into my loss. I banked a small gain from the rally through 90. I think the high will be taken out so I will wait to make the adjusto. I entered RIO at 52.10 fo da foist time. I also added to my PCU and my FWLT chorts today near the highs fo taday. Both o'dem are looooong term plays.  I bet even poor Dougie Katz coverd his chort on FWLT today.....looka dat move from 2:30 on....hilarious!  |
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| Im Not Warren Buffett |
| Posted: Thu Jul 12, 2007 3:02 pm Post subject: Re: RIO |
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CFO
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| Grimreaper wrote: | | I dropped my chort in MDR and replaced it wit RIO taday. Same basic seckter. |
Here is an article I got the other day talking about RIO and a few other large-cap stocks from down in South America. http://collegeanalysts.com/?p=46
Also, I was wondering if Grim could make another "this is the top" call on mining stocks, because I'm itching to try and press FCX past the 50% gain point... you know, try to justify a $110 target and whatnot.  |
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| Grimreaper |
| Posted: Fri Jul 13, 2007 1:37 am Post subject: Re: RIO |
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CFO
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| Im Not Warren Buffett wrote: | | Grimreaper wrote: | | I dropped my chort in MDR and replaced it wit RIO taday. Same basic seckter. |
Here is an article I got the other day talking about RIO and a few other large-cap stocks from down in South America. http://collegeanalysts.com/?p=46
Also, I was wondering if Grim could make another "this is the top" call on mining stocks, because I'm itching to try and press FCX past the 50% gain point... you know, try to justify a $110 target and whatnot. |
It's "very close" to a top ifn ya wanna measure inflayshun in commodititty stocks by da HUI goldbugs index. There are a few tops that need to be confirmed wit higher highs...like the one I wreckd at da HUI bored  SA. I banked a 10% gain on a chort even though I chorted too early, 26.87. I've been playing da rally to confirm dat top ova heeeya in "SIM" time da past few days but I will be switchin to "chort n hold" as soon as 26.90 go bye bye. I think da numba on da HUI be 359.38. It almost confirmed that high wit a higher high the very next day...but only made it to 359.34....almost as close as Gugs came to gettin outta PDEX wit a gain.  I think "percentagewise"....da HUI even came closer than Gugs! |
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| Grimreaper |
| Posted: Fri Jul 13, 2007 6:36 am Post subject: |
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CFO
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| Well, my limit chort at 91.75 fer MDR shoulda bin filled. I'll know in 20 minips. |
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| Grimreaper |
| Posted: Fri Jul 13, 2007 6:57 am Post subject: |
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CFO
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| Grimreaper wrote: | | Well, my limit chort at 91.75 fer MDR shoulda bin filled. I'll know in 20 minips. |
Nice! They even gave me 21.78. I guess dat was the next trade after my limit got hit. I luv those guys! |
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| ithatheekret |
| Posted: Fri Nov 23, 2007 7:57 am Post subject: |
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Investing Sr. Associate
Joined: 22 Nov 2007
Posts: 51
This Month: 0
3957.26 e$
Net worth: 15,742.26
Portfolio Value: 11,785.00
Monthly Return: -11.22%
Trades this month: 0
Churn Rate: 0.00%Items
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I can remember when RIO bought North , the head of Orica at present , ran it then .
He squeezed the best takeover price for the shareholders , but now it looks like BHP will get RIO on the cheap if they're lucky . |
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| ithatheekret |
| Posted: Wed Nov 28, 2007 5:25 am Post subject: |
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Investing Sr. Associate
Joined: 22 Nov 2007
Posts: 51
This Month: 0
3957.26 e$
Net worth: 15,742.26
Portfolio Value: 11,785.00
Monthly Return: -11.22%
Trades this month: 0
Churn Rate: 0.00%Items
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| Looking at RIOs chart there's not much downside risk on it , it looks as though it has a piece of upside left to go yet . I've got it projected at somewhere around $160-$180 AUD . |
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