RE:RE:RE:Don't fool yourself into believing downside is limitedI think we all know that there will be more of the same until the PFS....in my opinion what is driving the downtrend is obvious - passive index selling (both div and metals indexes) and the Chinese commodity carnage over the last week.
i ask myself this question frequently: has the story changed? It certainly did when they screwed up the div announcement and with less cash flow from Bisha. This in my opinion justifies the stock drop. This week has been ugly, but I can't say the recent story has changed. The old story is priced in, our hopeful fairytale isn't. I certainly hope the fairytale comes true, but only time will tell and I'm just dumb enough to wait.
Biscuit