fmg and fe, page-1824

This stock can swing $3 either way from where it is now.

I have no doubt that one day will trade above $8

But purely depending on the IO price swings, could hit the 2s if some kind of super market shock hits.

IMO into the 4s is almost 100% probability

Into the 3s again is about 50% probability at some point in this Cycle.

Into the 2s again is about 25% chance in the next 5yrs depending on IO etc.

If IO was over 100US then obviously would be 0% chance.

But where is the next likely low in IO over the next year.

If Trump gets his tax cuts passed easy it will be Bullish for IO.

Its the headwinds of getting that Tax reform in the US that could see some slip in IO price over the next year or so.