So brokers have a call of $8 on FMG. Doesn't it export IO? Is that the same IO that's going to crash and burn and send all the other IO stocks down down down?
Seems to me that the IO stocks have become the traders favourites to pump, dump and short. Could some of those traders be Chinese or at least close to the Chinese market for IO? Certainly looked like traders or hedge funds saw the poor PMI coming and sold down ahead of its release. AGO. Is a traders plaything nothing more until some solid news is released.
H
AGO Price at posting:
$1.06 Sentiment: LT Buy Disclosure: Held