FMG 3.61% $20.10 fortescue ltd

"FMG Oversold"....We have a Company that has failed to reach ANY...

  1. 1,936 Posts.
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    "FMG Oversold"....We have a Company that has failed to reach ANY of its own much trumpeted production forecasts and you are calling it oversold ??????. The only thing that suprises me is that anyone still bothers with them at all. What we have here is a massivly indebted poorly performing overstated hole in the ground into which $Billions have been poured, and which will need $Billions more just to achieve even their more modest production forecasts.....This Company is a dud, and encouraging people to invest in them is just setting them up to be dudded.....DYOR
 
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