FMG 1.10% $19.76 fortescue ltd

It looks like the bottom may be forming. Bought quite a few...

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    It looks like the bottom may be forming. Bought quite a few yesterday and this morning on the basis that the smartest shorters will surely have had their fill well before now (except for Joescain). Now hoping for gradual recovery.

    Even though FMG is a great company with outstanding operating results, it is all dependant on io price. At this level, it's well worth a shot.
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