It seems evident that the warming up of iron ore price globally stirred the market quite well.
I just wonder what would happen if the IO is hot again how my FMS IO would excite me with the shooting up of FMS price.
1billionT is huge. In the warm days, the traders are still in consciousness who know to lock profit and stop loss. In the cooling days, they would just focus on stopping loss. In the hot days, they would just want to get the profit.
Now they are still very conscious about what they should do, which means no worry for FMS shareholders. If they stop to talk about the stopping the loss, that is a very risk signal and if you don't bet on FMS IO for dollars, you might need to make a hard decision.
I am happy FMS price up but I don't expect this up. It would shoot up at the time it should as a unprecedented event to let everyone surprised.
FMS Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
