FMG 1.44% $21.21 fortescue ltd

Stand back from FMG, says Argonaut's Irvin, page-213

  1. 1,362 Posts.

    Howdy Dancing,
    sorry about that, I didn't mean to have a go at you.
    I was just responding to the thread.

    Here is one of your post you made back November.
    It was on the and 13th and the share price went over $3, I remember it well
    because I got little burnt going short.lol

    All your post I have seen since then have said you hold the stock!

    I rarely take a position for more than a few hours so disclosure really
    doesn't mean a lot to me except when people are consistently long or
    consistently short and expect the rest of us to believe you weren't. lol

    RE: trading CFD's. Buffet is renowned for saying this but I will
    say it to you anyway and that is the biggest danger to a trader is getting
    emotional about a stock.
    Don't listen to the Pixies, good luck with it.



    RC
    If I was 100% sure that FMG was about to get hit hard I would stop daytrading and take out a great big short.
    I'm just making that observation based on what happens every other year. What I really meant to say is, if the FMG SP falls off a cliff sometime in the next month IMO it won't be very remarkable!
    It sounds like you have decent position, so I hope it kicks on for you. As I said before in the email I sent you, I reckon all the stimulus in China, the EU etc. is likely to kick things into gear later on in the year. I suspect FMG will get a kick
    along something like what happened in 2013.
    If China decides to close some of its bigger mines permanently than you may well be end up
    being right.
 
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Last
$21.21
Change
-0.310(1.44%)
Mkt cap ! $65.30B
Open High Low Value Volume
$21.60 $21.64 $21.15 $128.2M 6.026M

Buyers (Bids)

No. Vol. Price($)
2 3190 $21.20
 

Sellers (Offers)

Price($) Vol. No.
$21.22 1058 2
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
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