FMG Technical Analysis, page-9675

My call is 16-18 lows this year
got to 18.98 recently
Last year in july saw a 450c sharp drop

nearing or in this danger period now

Those short charts are BS.
many of the top 20 bankers are short trading but its not counted as they are sellers of existing long stock which they then buy back at lows & dont report as its under 5%

FMG has historically been the most shorted stock on the asx
You will soon see the real short action once the SHORTS show you their power in here.

ive seen it first hand, lost a fortune betting against them & gave up now i give you the heads up as i see they are still at it here.

you can choose to ignore my calls & stubbornly lose youre dosh against these pros.

bear season should have another drop down

meagre IOP rises saw exorbitant FMG SP rises
Its decoupled from % correlations & reality.
means the downside could be even sharper

You forget IOP is not at 260 like it was last time fmg was at 26, its 120 yet fmg is at 21.53 while IOP is half what it was, lol!

and the BOD keeps whistling past the graveyard with that $4.7B junk bond debt & black hole spending while AF stuffs their bankers UBS in MCR
UBS will no doubt respond here on their high rate junk bond debts
Watch those rate rises catch up fast!

ask yourself why isnt FMG at even an A credit rating? Forget AAA.
Ive been banging on about paying off this junk bond debt for 4 years on here to not much avail.

AGO too thought its junk bond debt of $300M was not a problem.when its MC was $4B but guess what at $400M MC it actually was a major problem, one which fmg & af took advantage of to flip their stakes to Gina for peanuts throwing 30,000 battling aussie holders under the bus including me.

PAYOFF the DEBT!

BULL TRAP still in play imho