forget fmg...its over...check out gmg, page-11

I'm sorry but this is just silly. I mean, what are people saying about this stock? On one hand it's...

"Stocks of iron ore in China, the world's biggest consumer, remain high and shipping schedules suggest a ``major collapse'' in Chinese demand for November and December, according to Macquarie Group Ltd."

And on the other it's...

"The company today had its price target cut 43 percent by RBC Capital Markets on concern it may be unable to meet future output targets."

So what exactly do we have here? A supply-side or demand-side problem?

The short answer is "no-one knows what is happening in this market" (least of all the professed experts, let me assure you).

This is also a commentary on the market in general, not just FMG. You've got a whole lot of depressed financial types who were leveraged to the hilt, are now taking it in the ***, and want to take it out on the market.

Just my opinion - DYOR.