It does look like FMG has been the favourite plaything of some...

It does look like FMG has been the favourite plaything of some big player(s)/fund(s) regardless of fundamentals which are looking more and more solid.
These players uses fear as it main weapon. FMG is being targeted because 1)it has very few local funds' support, most of whom are still latched onto the BHP/RIO bandwagon 2)liquidity,not sure where they borrow the stocks from to short,3)extreme volatility,someone mentioned that it could go to mid 4s, it could also as easily go to mid 5s depending on what the big player(s) decide,4) persistent jornalistic dislike of Forrest which has undoubtedly influence the actions of some shorters whether they admit it or not.
Regardless of how each of us feel about the fundamentals of the stock,our sentiments and actions on Hotcopper has negligible influence on the trend.