Alex....you better care!!! If China fails so does VALE:
HONG KONG (AP) -- Chinese stocks plunged on Friday as panicked investors rushed to sell over fears that an extended bull market was coming to an end. Other world benchmarks fell as a standoff between Greece and its international creditors threatened to drag into the weekend.
ASIA SCORECARD: The Shanghai Composite Index in mainland China plunged 7.4 percent to close at 4,192.87, bringing its losses for the week to 12.4 percent. The smaller Shenzhen Composite Index tumbled 7.9 percent to 2,502.96. Hong Kong's Hang Seng dropped 1.8 percent to 26,663.87. Asian benchmarks outside of China were more muted. Japan's benchmark Nikkei 225 index lost 0.3 percent to 20,706.15 while South Korea's Kospi gained 0.3 percent to 2,090.26. Australia's S&P/ASX 200 shed 1.5 percent to 5,545.90.
China is running out of steam......they built complete towns with no residents living there. I'm sure you familiar with Ali Baba? BABA stock has done nothing because of slowing China economy.
LMAO!!!! Yeah sure you will be buying....you do know China is slipping into recession..... And they over build on infrastructure. There is no one VALE can sell too!!!!
Oh well......enjoy the ride!!!
Don't think you should be giving anyone advise on stocks!!!!
There are some really paranoid Longs on this MB.....there is no need to bash a 69 cent garbage stock...it goes down on it's own!!! Wake-Up and smell the stench!!!