Sees china demand strong for decades and does not see the need for iron ore to fall below $120/ton. Everyone doesn't agree with Goldman Sachs. $1 downside and $3 up here in near term.
I agree. This overdue for a bounce. GS is basiccally saying that China's economy is going downhill which is BS. One year out this stock will be 40+
GS is a #$%$..Look what happened to them in 2008 FINANCIAL FIASCO. SO DON'T BELIEVE EVERYTHING THEY SAY