fmg and fe, page-1810

The last few Dividend ex dates, Marked the point of a sell down.

So next Dividend is March,

Usually in between dividends stocks find their Dip, and then take a run a few months or weeks before the next ex date.

In this case of FMG there are a few Quirks to this stock.

As soon as it trades at $5- I expect some kind of Bounce to mabe 5.30 ish. So could be a 6% trade there.

But she looks like Going under $5- thereafter, with a bounce at 4.50, then another bounce from $4.00

I do reckon Sub 5 is going to happen, From there on if the dead cat bounce peels off then could find its way to $4.

Thats if the ABC correction waves play out the way Elliot and Gann say they do.

North Ikea is the Big Question Mark, not going away.

Several possible scenarios. China sorts it out fast and Liberates NK. Possible.

Ding Dong Dumb, decides he wants to give up Nukes and get in the Fried Chicken Buisness, Unlikely.

US strikes and takes out all targets, Less Likely,

US shoots down the next rocket before it gets off the Launch pad, Possible.

Either way, it all contributes to Volitility, FMG is swinging hard enough already.