Post by
cloreenbaconskin on Sep 07, 2012 12:44pm
Chinese infrastructure spending
$150 billion announced last night by China. Only about 25% of what was spent in 2008 by China but still positive news for all infrastructure related plays. With Vale, Rio, BHP and many steel companies up just on this news, WAI is flat/down. Massive price manuipulation on WAI. It's only a matter of time before WAI can no longer be held down. $$$
Comment by
johnny310 on Sep 07, 2012 4:32pm
tax loss season will come....there is going to be a lot of pressure on this one!!.....wouldnt be surprised to see 0.03$....
Comment by
cloreenbaconskin on Sep 07, 2012 4:53pm
That could happen. However it won't stay there for long. Too many positives to keep it low.