RE: Nickel, more from Glencore22 Feb 2022 09:32
Thought this would happen. My bottom guess was at 15p, not sure if we've touched that yet. Don't blame people for selling, markets are wild after last night's speech. Reminds me of the Germans taking Czech land and saying "its because Germans live there". Crazy.
Either way, Markets will recover. Its fine to panic right now, its a lot of wealth just wiped off. One thing for sure is always DYOR and don't pay much attention to incessant rampers or derampers (people who are positive about a stock 24/7 or vice versa) they usually have an agenda, im sure by now most know who these people are.
It's a dark day across the board, but also one which will recover, as shown time and time again with major events.
One thing I worry about is if we have a Western Buyer, they maybe now holding off, and should Russia and Ukraine come to a head, it could scupper the deal, no doubt about that despite others claiming this is the same as Crimea 2014, not even similar and neither are the potential sanctions. If a Russian buyer, then deal could be absolutely fine but it's good to be objective, it's very unhealthy to overly and emotially attached.
Let's wait and see how this plays out, but my guess is recovery over the next few weeks, Putin gets what he wants, and everyone is happy.