FMG 1.10% $19.76 fortescue ltd

terminal decline?, page-6

  1. 6,851 Posts.
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    Well Loobs $1.80 LOL that is a, excuse the pun, but a new low for you. You must me getting so frustrated that this dead duck company just wont go sub 3. I have just finished some reading that the IO plunge in price is nearing its end"

    LAUNCESTON, Australia, June 5 - "It's probably too early for
    iron ore producers to get excited about the rebound in prices this week, but there are signs that the current three-month slump may be easing."

    You should trying reading some analysis before you make a fool of your self with statements like "dropping like a a stone" when conditions are actually easing. $80-90 yes on the cards and still money making for FMG.

    PS have you noticed that FMG is up while RIO and BHP are down.....MMMMMMMM I wonder what gives there.
 
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