I don't need to explain what I said, the "wordings" are not clear but as long as many get my message I don't really care what shorts or pretend shorts said. If I want to get a good premium on my put, I will want SP to fall and fall, basically making money from "long's misery".
Since the Q report was out, and I've called BUY on FMG, I was fairly certain that's why I changed my sentiment. FY result was also strong and SP continued to climb since. SP is now $6 and more than 13% since I call buy, and there are just nothing to support a 10% fall in SP ST, so I will continue to speak out against any crap like "SP will drop back to $5.50-$5.60" to suit their agenda.
I give reasons on why SP will continue to trend up, because IOP will remain strong ST, I use information I gathered everyday to support that. I don't make things up and I definitely won't use "there are no more good news so SP will fall" as an excuse to sell, I just don't buy that.
When IO Future and IOP fell 4% couple of days ago, I said "just relax" because I knew it's only a small pullback, the trends will not broken and we saw a 4c drop in SP, but we got the usual shorts noise because of a 4% drop in IOP, and I remember SP dropped to $5.81 from $5.93 and finished at $5.89 on that day and those sellers probably regret now.
They said they just buy/sell FMG against my sentiment, well they must be making a fortune by now. If you believe that, well, good luck.
DYOR.
Frank.
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B |
Open | High | Low | Value | Volume |
$17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $17.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.35 | 28897 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 17.330 |
3 | 1302 | 17.310 |
4 | 4250 | 17.300 |
2 | 2522 | 17.290 |
2 | 1080 | 17.280 |
Price($) | Vol. | No. |
---|---|---|
17.350 | 27484 | 2 |
17.380 | 1000 | 1 |
17.450 | 500 | 1 |
17.480 | 1000 | 1 |
17.500 | 3081 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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FMG (ASX) Chart |