FMG 3.61% $20.10 fortescue ltd

fmg and fe, page-1776

  1. 1,184 Posts.
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    Peartart I've noticed several times you've taken exception to guys around here throwing words around like "retail suckers". I understand the frustration but actually their points are valid if not well explained.

    What most don't realise is that stock prices don't move on fundamentals but on market mechanics. The share prices only match the fundamentals when the big funds allow them to.

    Remember 80% of the world's trading is done by 20 or so funds and their subsidiaries.

    I found this video that explains some of the games that are played daily with prices and what the mechanics actually are. It is one of the only times I've seen bs artist/spruiker Jim Cramer speak honestly and candidly.

 
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