Howdy jgberg. You've misread me brother. I can't see $7 on the back of a speculative announcement. I can see $7 on the back of a Chinese industrial buying into FMG as a partner.
And there's more than "a little speculation" driving this stock. Institutional buyers don't spend money based on the gas-baggings of this and other daytrader chatrooms!
I'm not surprised to see the retrace. I expected it yesterday. I am again accumulating (and sometimes trading some of) this stock since 2.70 and I'd be happier to see the pace cool off a little.
Suspecting as I do that there is a whole lot of good stuff due to be announced, and looking at recent intraday charts, it's just too risky to day trade right now.
Happy you made a profit though.
Howdy jgberg. You've misread me brother. I can't see $7 on the...
-
- 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
$20.35 |
Change
0.210(1.04%) |
Mkt cap ! $62.65B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.26 | $183.4M | 8.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2123 | $20.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.36 | 4581 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |