FMG 0.45% $22.10 fortescue ltd

commodities boom differing views, page-18

  1. 496 Posts.
    I agree with you RETEP - unfortunately.

    The holders of qualilty companies with great earnings potential are being slaughtered by this market. It is indiscriminate and no matter the quality of the company the way is down for a while I think. How much further I have no idea and hopefully we have nearly bottomed.

    I sold a portion of my FMG holdings a little while ago when I felt I could see the writing on the wall and wait to buy it back. Not sure today is the day though.

    However I still hold a very large chunk and it hurts badly to have all my profit eroded.

    Oh well, that is the share market I supoose and we knew it when we embarked upon the journey but ouch it hurts.
 
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