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Vale S.A. Message Board

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  • chiquitbumbalabimbomba chiquitbumbalabimbomba Oct 7, 2008 1:26 PM Flag

    Can someone explain the 7% drop so far today?

    You wanna have any chance of riding this out on the long side, you don't blow all your wad on one purchase, you keep cash on the side so you don't have to go on margin, you trade around your position..

    Buy all at one price point and hope for the best = you'll get carried out

 
VALE
4.925-0.285(-5.47%)11:10 AMEDT