FMG 1.20% $21.41 fortescue ltd

Stand back from FMG, says Argonaut's Irvin, page-183

  1. 1,362 Posts.
    Goofysai:
    "I think dancing is sitting on a nice profit at the moment unlike some who took a risky short position recently."




    It must be with another stock because according to his posts he has been consistently long on FMG from when it was well over $3!

    I think after this coming massive drop in the Iron Ore price over the next few months we are in for a big rally late August through September. So if you go long now and provided you don't sell at the bottom, there is a good chance you may get your money back!

    IMO this is the only conclusion you could come to with the best information available!
    Doesn't mean I'm right just means the patterns this year have to be different to every other year for it to change!
 
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1 93 $21.40
 

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