FMG 2.89% $20.68 fortescue ltd

chinese surprise, page-6

  1. 7,728 Posts.
    "shorters like to play with this one"

    Latest figurs available, for yesterday: 4.8 million shares traded, just 0.353 mill were shorts, 7.3%.

    Compare that to, say, BHP, 16.7 million, 4.3 million shorts, 26%.

    I'm not familiar with those other co's mentioned, but may well be short-covering that's pushed up prices.

 
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