FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-47847

  1. 10,235 Posts.
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    A bit of a mixed bag expected for Monday's open.

    If you are in resource stocks and can't withstand IO trading at "normal" levels, well you shouldn't be here in the first place. Agree with @TonyIndo, days like yesterday are the best and happy a couple of times each year. Whilst I don't think FMG is at its low yet, I am certainly jumping all in with derivative transactions at this level and placing soft bets (derivatives are far more forgiving than direct stock trades in times like this).

    https://hotcopper.com.au/data/attachments/4791/4791308-f90d55677037d37b0ef4f39a70c7d8c1.jpg

 
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