Glencore Forum

I would assume that the reason why there is no statement from Glencore is because they are probably busy trying to sort out the company.Their relationship with debtors is more important than the brokers or shareholders Unless they have something to say that will benefit the markets there is nothing to say. Remember this drop is because of investec and their analysis.

Selling has slowed. I am prepared to wait until commodities recover or this goes bust. Either way there is no safe place for you cash. If the global economy fails, then your money will be worthless anyway. All those ramping AIM casino shares should be all over this...

i am out of GLEN. no hope. can make multiple money in WRES. per RNS, WRES is waiting for mining licence worth 3p at least per CEO webcast in the website. licences expected this week/next week

i would expect a weekly close above £1 this week a bounce will come

glencore going bust woudl be unimaginable in the context of geopolitical issues this would cause a huge detrimental effect on the FTSE trackers pension funds etal who hold this stock

If Glencore goes bust it will be a very sad state of affairs. It shows that the global economy is failing. This means that you might as well burn the money you have, as it will be worthless anyway. As Glasenberg has stated, the markets do not understand his business model, he would have been better keeping this company off the stock market and then he could have fallen on his own sword rather than being ravaged by the brokers and shorters.

21% drop today crazy

unbeleivable drop over past fewc months

short closed

ty