It's the stock market, if you cant accept the risks or understand what the market is telling then why be there?
If there is fundamental value then shorting makes no difference to price, it will sort itself out - as experienced market professionals will tell you.
Hardly rigged either if it goes down especially given its market size and liquidity - no-one cries rigged when it jump up.
Why people here possibly pay attention to, let alone credibility to a $13/t back-of-the-envelope target by a retail investor who get kudos for a copy and paste job on prices is beyond me. You should be making your own investment decisions.
Iron Ore Price, page-15393
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |