FMG 3.61% $20.10 fortescue ltd

weak china steel demand will continue! , page-51

  1. 902 Posts.
    lightbulb Created with Sketch. 101
    Congratulations, you made some money. Great.

    I'm not frustrated or angry, in fact i'm completely calm about my investment in FMG. Swings (both up and down) happen in I/O and they can cause people to overreact. Anyone who has followed it for some time understands this. It presents a great opportunity for short term traders to make money on the swings. For long term holders it is almost irrelevant.

    'even with the possible closure of chinese mines,the actual increased volume of our future production will offset this anyway'

    Nope, don't think so. Got some numbers to back that up?

    'it"s almost as if i was trying to convince someone from the dark ages that the world was round,and i was persecuted for speaking the "bleedin" obvious.'

    Your 'bleedin' obvious is a random conjugation of thoughts thrown onto a stock forum. How about using some facts and numbers to back up your claims that everything is tumbling down.



 
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