FMG 8.64% $16.17 fortescue ltd

iron ore eases, page-19

  1. MJS
    2,280 Posts.
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    budd ... there's nothing to agree of disagree about.

    You're betting your money on the possibility that the share price will fall for a day or few by say 30 cents.

    Others are looking longer term, and the impact if they expand to 155 million tpa or so.

    Chalk and cheese. You're posts stating "last chance to sell" are telling long term investors should sell. I don't get that.

    Personally, I have no idea whether a stock will rise of fall any day, so well done if you are good enough to do this. I can more clearly understand where value should sit on a longer term basis - albeit mining is more difficult than industrial for a range of reasons hence mining is a small portion only of my portfolio.

    MJS
 
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