FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-18039

  1. 348 Posts.
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    Re : shorter positions open 4.5% of stock that's
    135 000 000 about 2 weeks trading volume, it's a fact that everyone of them is in the red big time and must be having some pretty bad nightmares.
    now I don't dislike shorters as they give fmg it's terrific volume but surely they just got to snap out of it and realize they've made a big mistake and get out, perhaps a few may even think maybe I'll swap my short position for a long to recoup all them losses.
    Rio was only up 1% in nyse and they obviously knew spot price was up 5%. Vale was up 2% at one point but closed flat.
    im thinking a 10.45 close
 
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