FMG 1.72% $21.66 fortescue ltd

@Atlanta1 a couple of weeks ago (3.2.21), when FMG was at...

  1. 3,836 Posts.
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    @Atlanta1 a couple of weeks ago (3.2.21), when FMG was at $22.66, @SSA had this to say, in a rather pedagogical tone:

    "
    the retrace looks to be done, the fall continues. for those that said "nobody cares" about my bearish opinion, take note. lesson learned, I hope.


    Well, the lesson has surely not been learned, as FMG has risen to $23.83 today, not continued to fall towards the mythical $18, where @SSA expects it to land, around March/April, and where he expects to buy in.

    As well, the iron ore price is likely to rise, past CNY (which started today and goes for two weeks) , not fall. Now in the unlikely event that the earth is flat, and fmg is, after all, going to fall off it, and reach $18, I would definately be there to pick up some more- along with thousands of others, I believe.

    Last edited by jhunt: 12/02/21
 
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