Post by
Sawasdeekrab on Mar 23, 2021 5:22pm
Bumpy road
What happened within 2 weeks. Any explainations from a closing at 6.01$ on March 12th to a low yesterday evening at 4.84$. Some people might have take their profit by selling a lots of shares. At this speed, we won't see 7$ before 2 to 3 years....
Comment by
OuijaFund on Mar 23, 2021 6:33pm
I think there is still upside for CIA, as we don't need US $190 iron ore to justify a $6+ share price, a.k.a. the fundamentals look really good, record earnings coming late April as catalyst, high-grade P65 ore will be in demand if China is serious about cutting pollution. China production cuts won't end the iron ore boom
Comment by
PROINVESTALOT on Mar 23, 2021 6:38pm
You are absolutely right. At nearly 1$ profit per share with march 31st results coming, even dummies will have to agree. CIA shares are a way undervalued.
Comment by
PROINVESTALOT on Mar 23, 2021 6:39pm
You are absolutely right. At nearly 1$ profit per share with march 31st results coming, even dummies will have to agree. CIA shares are a way undervalued.
Comment by
PROINVESTALOT on Mar 23, 2021 6:35pm
It took about 2 months (mid-nov to mid-feb 2021) from 3$ to 5$... Why dont you sell your shares and go somewhere else with your un relevant comments?