I didn‘t say I can "forecast" Macro, I said you can look at current Macro condition. Only policy makers can forecast Macro. I called for this current IO buliish trend 2 days before it started, I know because SP were falling and I just keep buying and I posted it here in HC. One of my best four trades this year because I took a holiday straight after. At the time, IO port inventory have fell 5 weeks in a row, physical IO price at the ports were increasing, IO future had turned around with strong support, I then posted "IO ST is now bullish".
At current IO price US$80, FMG is US$500M+ cash positive a month. Shorting against a company actually making this kind of money is insane.
DYOR
Frank.
- Forums
- ASX - By Stock
- FMG
- $7 by Christmas is a doddle!
$7 by Christmas is a doddle!, page-63
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B |
Open | High | Low | Value | Volume |
$19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4673 | $19.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.76 | 31740 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 19.730 |
1 | 1000 | 19.700 |
1 | 3000 | 19.680 |
2 | 1552 | 19.650 |
1 | 5000 | 19.630 |
Price($) | Vol. | No. |
---|---|---|
19.800 | 2133 | 2 |
19.830 | 750 | 2 |
19.850 | 150 | 1 |
19.870 | 2200 | 2 |
19.880 | 3834 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |