FMG 5.04% $17.50 fortescue ltd

broke fourty dollars, page-9

  1. 749 Posts.
    I am going to hold and accumulate until $60, then dump 1/4 at $80 and 1/4 at $100 and free carry whats left. Tight register. Potential for MASSIVE profits for a newcomer by 2010. Hold for 3 years.

    Even 45mt at $50 profit per t = $2.25B

    Stage 2 is 100mt. = $5B

    $5B profit on PE of 5 is 25B MCAP = $100 per share.

    Optimistic, but better than penny dreadfuls!!
 
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