Seeking Alpha
  • WheresTheDough
    Can anyone provide a reason why I shouldn't wed myself with $RIO tomorrow ? Any true negativity about co would be appreciated
    12/15/11
    Reply (5)
    • Chines33: If we deflate and recession gets serious RIO goes to 4
      12/15/11
    • losbronces: Because global economic activity is quickly slowing. Take a look at a 5-year chart and you can see where the price might end up.
      12/15/11
    • WheresTheDough: I'm seeing down to $ 16 in a 2008-2009 situation. If it goes down to $ 4 we'll probably be eating each other for survival. Thanks
      12/15/11
    • Ocean Man: Rumor today that RIO may buy WLT. If they do, RIO might drop 5 or 8% and WLT will gain 50%.
      12/15/11
    • losbronces: $4 is not very likely at all. RIO has realized organic growth since 2009, but a price in the range of $20-30 could be possible imo.
      12/16/11
      From other sites