FMG 1.04% $20.35 fortescue ltd

He doesn't understand what investing is all about. He was a...

  1. 1,326 Posts.
    lightbulb Created with Sketch. 345
    He doesn't understand what investing is all about. He was a knee-jerking trader who lost the back of his shirt to short-sellers (his own admission) in 2015 and ever since then he is trying hard to make people follow what he did then (that is to 'lose the back of the shirt') !
    As investors, we see a golden opportunity to add to our holding when SP declines whereas he thinks that it's dangerous 'catching the falling knife' !! That's why he bought on FOMO at the SP was around peak in 2015 then panicked sold when it was falling !!! He calls it 'clever' but any other successful investor would call it 'sheer stupidity' !
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.35
Change
0.210(1.04%)
Mkt cap ! $62.67B
Open High Low Value Volume
$20.41 $20.76 $20.26 $175.2M 8.539M

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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.