Loob, you may consider not wasting your time with postings on HC. I read your previous posts, kinda got an idea where you are coming from.
Firstly, it's a bit risky to short after more bad economic news out of China (the leadership there is now hell bent to pump prime the economy out of trouble as they are serioulsy behind the curve - if the destocking is any guide).
You may want to put in the buy order now (this is not an investment advice). You could lose the lot as Geezer says.
On the other hand, when the short sellers start stampeding to cover their shorts (if the UBS dude is right and spot price returns to $125 per tonne in a couple of months, you will have missed the second boat).
dogs shorting fmg not so subtle, page-9
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.40 |
Change
-0.350(1.87%) |
Mkt cap ! $56.65B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.81 | $18.26 | $189.7M | 10.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12941 | $18.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.41 | 1940 | 2 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |