this is a stock for punters. there is a lot of risk involved with this company which is why most instos aren't interested.
from reading most posts everyone is extremely bullish which will concern anyone with an open mind and not emotionally attached to this company.
my last post stated that there was massive resistance at $3 and it couldn't hold that level (regardless of what is going on fundamentally). it tried to retest today (thurs) and failed miserably which is why only fools would still be holding.
yes we can all hope like hell that one day this company will come good but the reason they needed someone to bail them out is because they are in too much debt and struggling for survival.
good luck anyone who is long and keep telling yourselves that everything will be ok but just don't keep making the same mistake over and over like i've done in the past...
emotional attachment to a company is a death sentence to one's portfolio...
2.90 already, page-13
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |