and how many times this last year did the analysts get their estimates correct (or even close) to actual performance? They undershot three out of four quarters.
Let's keep in mind the golden rule of investing. Buy low, sell high. The only way you can buy low is to buy when others are selling, and others aren't selling for no reason at all. They are looking at analyst estimates, just like you, they are looking at the euro vs the dollar, they are listening to the talking heads. They are thinking along the same lines any sane person would think, given the data they can get without a lot of effort. Bear in mind for every sale, there's a buy, and Someone is picking up those shares cheap...
If you think iron ore is not the market you can figure out with the amount of energy you're willing to expend, pick something else. No matter what you pick, unless you're willing to put in the research and think about what you see, you'll always be giving your money to others, and as one of those others, I'd like to say right now, Thank You (in case you don't get it anywhere else:)
This Thing is going to make a big move one way or another. i belive it is at 200 day MA.Watch closely, the hymies are gonna try to pick our pocket, if you get a nice pop on tuesday i would bail, Thats my intent because there is no demand and while this is a great company the sector is dead.