FMG 1.56% $18.27 fortescue ltd

$7 by Christmas is a doddle!, page-3

  1. 3,385 Posts.
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    Great lesson here with FMG, BHP and others. In January, when things were tough, the end-of-the-worlders were all over this saying it was doomed to die a horrible death etc etc. But the oft quoted Buffetism about buying quality companies when others are fearful couldn't be more apt in this case.

    Hotcopper seems to almost be a psychiatrists couch for the unstable, overly emotional, hysterical naysayers at times, just as much as it is a waterbed to the overly optimistic and gullible. Those who bought in January must be feeling very pleased with themselves right now, and rightfully so.
 
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