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Vale S.A. Message Board

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  • loftyroe loftyroe Jun 11, 2008 5:40 PM Flag

    Fast Money said get out of RIO

    It was Genco Shipping (GNK) , a competitor of DRYS. I was a victim of buying that one high and selling it 20% lower just 2 weeks later. Gone down another 7% since. Logic is these are the shippers that haul all that coal and RIO iron Ore to China.

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