Member Info for noferkinamesleft

Horis,

You said last week at 1250p it will rise 20% from here ! What happened - it dropped a further 50%....

Spouting ramping rubbish like "should be back to 1500 next week" is purely wishful thinking .

Why did all the smarts sell out last week ?..

1. A lot of debt that needs servicing utilising higher interest rates.

2. Court case / appeal still to complete and pay £40 Mill fine + to pay other sides costs and I read they had put a bill in for $16 Mill.

3. Reduced orders.

4. Customers requesting later shipment dates for orders means the market does not require their product for the foreseeable .

Personally I think it was overvalued previously and the market just got ahead of itself.