22H·

Rio Tinto

I am currently considering buying Rio Tinto. But surely falling share prices can't be the buying criterion?

I want to promote strength and not weakness. $RIO (-0.21%)

Besides, it is already one of my largest single share positions in my portfolio. Perhaps I should refrain from buying it, as it's only a psychological marker anyway because the share price is now below €50.

09.05

Rio Tinto PLC

Bought at €52.99

7 Comments

Sina@lawinvest

21H

Only a buy for me if 07/08/04 is confirmed and holds and shows a slight upward trend again

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Memo0606@Memo0606

21H

@lawinvest what should be wrong with this data
I do not understand

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Aennywhere@Aennywhere

21H

@Memo0606 probably the course on 07./08.04. 😎

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Sina@lawinvest

20H

@Memo0606 what @Aennywhere says

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DiviMike@DiviMike

21H

You seem to have already made your decision 😁

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Monnie@Monnie

16H

I tend to find vale more interesting, but with mining shares there is theoretically still the possibility of waiting for the right recession and then getting them cheaply. Basically with both it's a question of the iron price, which mmn still has good room to go down and has been somewhat elevated for years.

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Memo0606@Memo0606

21H

Do you want to sell?

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