"I've added the 'advisor' Macdonald to my list of idiot brokers to ignore as they don't seem to understand the market they're paid to comment on."
There is a lot of that about..
You and I will take no notice of him, but some people will no doubt. I never forget that factor. There are millions of dollars moved around every day by large institutions who's operators probably have less experience than many here. Its not their money and they are driven by factors like end of month performance etc that we as individuals don't even think about.
During FMG's formative years, - when I was an enthusiastic shareholder, (still am), - there were many brokers who poo-pooed FMG mercilessly. They now have egg all over their faces, and so do the clients who took their stay-away advice.
I make up myy own mind always, but I do pay attention to what even the idiots are saying.
FMG Price at posting:
$5.69 Sentiment: Hold Disclosure: Held
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