FMG 0.49% $22.25 fortescue ltd

going to smash through 50 bucks soon, page-8

  1. 2,356 Posts.
    ihavenoidea,

    I am no expert in shorting a stock, so just for my curiosity would you mind explaining a couple of things to me:

    You have said that you keep shorting FMG when it takes a run. Clearly you will lose big time if FMG does keep performing. Is this like, you will make a billion dollars or lose your house? Or are you just playing with small sums? I know it's none of my business, just a little unsure whether you are taking a serious life punt here or not.

    Also can you tell me what your strategy is, as long as it doesn't harm you financially? ie: are you writing calls? or how are you doing it?

    I know you believe you are right, but what happens if you are not?

    hope you can explain for my curiosity.

    Thanks, Tony.
 
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Last
$22.25
Change
-0.110(0.49%)
Mkt cap ! $68.86B
Open High Low Value Volume
$22.32 $22.41 $22.15 $63.30M 2.834M

Buyers (Bids)

No. Vol. Price($)
8 3565 $22.24
 

Sellers (Offers)

Price($) Vol. No.
$22.25 1307 2
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Last trade - 11.24am 18/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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