FMG 0.11% $18.10 fortescue ltd

Another curve ball coming up is the quarterly. I'm looking...

  1. 539 Posts.
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    Another curve ball coming up is the quarterly. I'm looking forward to it, FMG generally puts out pretty impressive reports. Obviously this one will be a bit different but sentiment couldn't be much worse so even if its remotely positive it could cause a recovery.

    I wonder how the shorts will react to this upcoming announcement. You'd think they would'nt be to keen to run the risk and may lock in some profits. Plus it might lead to a better shorting level later on.

    But you never know, i'm predicting a reasonable recovery leading up to this announcement. But i guess you never underestimate the power of the shorters especially when they've got a bit of fear on their side.

    What do some of the longer termers think about where we're at currently, Farmboy, Lookandsee etc
 
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