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8/15/13

And how's our Sinking Alpha pal doing on his Rio Alto (RIO.to) (RIOM) call of July 22nd?

Back on July 22nd, this humble corner of cyberspace urged you to read the "Rio Overvalued" piece published by Sinking Alpha that very same day. Let's see how things have gone since then, a mere eighteen trading days later, using the bullion ETF of the underlying metal (GLD) as our benchmark:


Hmmm...methinks our observation at the end of the post, that "...it cost you nothing to read it. Priced to perfection, I'd safely say", was closer to the mark than anything opined by the dumbass of an author behind it all. The twat.

Disclosure: Long RIO.to? Bet yer ass on it dude.