Re : shorter positions open 4.5% of stock that's
135 000 000 about 2 weeks trading volume, it's a fact that everyone of them is in the red big time and must be having some pretty bad nightmares.
now I don't dislike shorters as they give fmg it's terrific volume but surely they just got to snap out of it and realize they've made a big mistake and get out, perhaps a few may even think maybe I'll swap my short position for a long to recoup all them losses.
Rio was only up 1% in nyse and they obviously knew spot price was up 5%. Vale was up 2% at one point but closed flat.
im thinking a 10.45 close
Iron ore price, page-18039
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |