Sorry postlapsarina.
My context to FMG has not been as long as other. First introduced to the stock at 3.72 around May and day trading now all the way down to 3.05 have been buying in and selling the whole time now in at 3.30 and 3.17. I understand your point. Short selling was a great idea from above $5......but my point is and understand I am talking only back from May....that this gravy train is coming to an end. And that is not my opinion but the opinions gathered of what I have read. The last two days trade did take me by surprise, and I can understand peoples frustration but I am only down by 7% well withing my limits but that sell off manipulated by many short contracts was in my opinion criminal and should be banned. There are limits to how long you can short a company that is still making a handsome profits. Just as there are limits for overvaluing a company. FMG is down, way down and to say that it is just going to keep dropping just because some traders are shorting and want it to keep going down with out any fundamental reasons is just plain stupid. Especial when all the fundamentals seems to be holding up for FMG. Moneymaker1979 is right shorting now at $3 is madness the party is over. And remember I have not been saying this forever or all the way down from $5, but from about $3.50.
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Last
$20.02 |
Change
0.550(2.82%) |
Mkt cap ! $61.64B |
Open | High | Low | Value | Volume |
$19.72 | $20.47 | $19.51 | $210.5M | 10.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 74300 | $20.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.03 | 100000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 74300 | 20.010 |
14 | 25827 | 20.000 |
1 | 57244 | 19.990 |
2 | 37853 | 19.970 |
2 | 143 | 19.960 |
Price($) | Vol. | No. |
---|---|---|
20.030 | 100000 | 2 |
20.080 | 21790 | 2 |
20.100 | 2049 | 2 |
20.190 | 1200 | 1 |
20.200 | 5000 | 1 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
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