FMG 1.17% $17.73 fortescue ltd

Iron Ore Price, page-10413

  1. 1,062 Posts.
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    Sure iron ore price might go down. I held them when it was 38 and they were 1.48. I did not panic then. I'm interested in the future of the company, and management has performed. So if I don't get it, what is the right strategy? Sell tomorrow and hope to buy back in cheaper? I could sell tommorrow on fat profits... But that does not interest me. What about sell when I loose faith in management? Or in 10 years if the company continues to perform? do you think the company will go broke? Or do you think the world will not need steel anymore? Or going back to the original different kind of investors?
    Agree to disagree?
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