FMG 1.10% $19.76 fortescue ltd

this thing is gone, page-23

  1. 6,851 Posts.
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    Thomp....have to be so quick with FMG....decided to remove my order just minutes before it sank. I missed the bounce and that is that. Next time I will be quicker. IO price I believe will recover some more in the next week, even house of holes is admitting a bounce of the bottom for Spot Price.

    It is June so ann on TPI should not be that far off and coup-led with up ticks in IO prices, another bounce much larger should be coming, especially as shorter's seem to have loaded up last week on the expectation of high $2s they will be rushing to get out. Hoping for perfect alignments of ducks for a big kick up. Shorters getting burnt....China mill restocking...TPI ann......and don't forget banking sector over brought, material over sold.
 
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