RE: Why to sell21 Feb 2025 18:17
As you putting hats on others...for your few p trades on share to share, I know glencore like palm of my hand ..I clearly see where its heading... write it down ...sub 300p early next week and gradually will try to find a bottom around 234p...unfortunately this is nothing but a huge loss making (in billions) mining company , trading section completely destroyed .
..there is no way glencore will make profit in next 5 years.....loss will be about 5 billion on next year ..cash cow coal ..now about 102 dropped from 450p.. still dropping,nickel, zinc going to the bottom of Atlantic... debt will go up further ?18 to 20 billions on next year results....hence no institutions touching it even with a bargepole....only retail share holders..ganged up shorting sub 0.5percent going on here...Punters getting locked turning???? Investors