FMG 3.61% $20.10 fortescue ltd

It does not mean he will be right. Many of the whales get it...

  1. 2,304 Posts.
    It does not mean he will be right. Many of the whales get it wrong. Look even i make a small mistake at times. Rare but even for me it does happen. $2.50 for FMG is support for now.
    If it can hold that then back to $3.25 to $3.50. If it fails that then. under $2 we may go.
    I think IO is way oversold. So can't really see it going to much lower, well not before a short cover rally at least. That is why i have a buy on FMG at the moment. But you never know in this world hey.
 
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