Rifici,
My commiserations and sympathy but don't think you are alone in having been burnt. Most of us have been. I bought some stocks to take adavantage of the "bounce" and was burnt too.
I have sold out of most of these at a nasty loss today but feel it is safer to cut my losses and preserve what capital I have left as you have. Looks ugly out there.
Down 9% now. Ouch.
Could go lower with the 4 major Chinese steel mills announcing decreaased production even if only a small amount.
Thank your lucky stars you are not in Ferraus - down about 35% in two days.
bought my first fortescue load today, page-84
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |