Interesting to hear all the downramping to suck insecure traders into selling into your buy orders.
This stock has massive upside to it. It has it all, and many iron ore players are missing certain things. Long term this will be much higher than it is today. It has retraced a long way today - my reasoning is too many 3day traders and daytraders who were forced into selling - a fall in the Dow will catch these traders out many times. Patience will be rewarded, people who buy at the end of 3rd trading day with their own money and holding the stock for weeks/months not 1-2 days.
CVI had this same pattern going on a few months ago, with the same downramping going on when it retraced heavily in early days. Look at it now.
Downrampers are usually the ones making quick bucks and losing quick bucks faster and generally their portfolio stays static or decreases.
FDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
