Iron ore price, page-27653

Yes how dare I post a view. LOL.

FMG has dropped over 20% in the last two weeks.
Likely to drop again on Monday.

My sentiment has gone from buy to hold.
Of the view the market here will fall very hard on Monday.

At some point bargain hunters will re enter the market.

Its what I call it a perfect storm. Look at any graph for FMG come divvy time. It always falls hard and
just happened to be last time that's super crash happened March 2020 and might be happening again.

Bubbles burst and it appears that is what is happening.

There were people posting and selling at $25 and we all thought they were mad.
Turns out they were the clever ones selling in greed and will likely be buying back in fear when it levels out.

I am holding FMG as of the view that come February 18 it will shoot up about $2 a share.
Other stocks that don't do any divs I think I will sell.

Each to their own.