FMG 0.10% $19.17 fortescue ltd

Iron ore price, page-4417

  1. 1,235 Posts.
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    very surprised the sp has not moved more with a good move in spot and dalian

    I tell ya what when this does decide to move one would assume its going to be quick and possibly in big increments, like a series of 20-30 cent days.

    these shorts must be some serious gamblers, many things just bubbling in the near future.

    div coming, don't forget the 45 day rule, so you may get demand for this sooner than you think.
    possible Christmas rally
    spot and Dalian moving right direction last few days
    possible change in pollution restrictions in china
    another debt repayment
    they make a snap announcement of a lithium or gold find

    don't know what's going on, but juts so much fear atm about this Chinese pollution crap atm, you know what it reminds exactly of is all the world ending fear about the infant formula market to china, silly me didn't hold my nerve and bang I missed the most ridiculous runs I have seen in my life on A2 milk which I was trading at around 2 bucks and also bellamys which I was trading down around 6 bucks and then blackmores trading it around 80-90 bucks.

    these turned on a dime, and the damn negative sentiment and fear kept me away
 
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