FMG 2.57% $26.32 fortescue ltd

@JPGuruIf you are able to point to a time when a broker or...

  1. 319 Posts.
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    @JPGuru
    If you are able to point to a time when a broker or analyst has ever been right on this or any other stock, please do so.....
    At a time of general market uncertainty and instability there is always a good chance of a stock falling in the short term and one does not need broker/analyst advice to understand that. However, this is the time of year generally when brokers and analysts take advantage of a usually weaker market to rubbish stocks, in the free press, that they are busily accumulating for their large, paying, institutional and wealthy clientele.
    The hope is that the retail herd will panic and sell whilst the institutional and high net worth crowd load up and benefit from the inevitable market upswing into the New Year. It happens over and over and over again, year after year - the gullible and the foolish take the bad free advice and wealth transfers from weak hands to strong...
    There's not a thing wrong with this business, imo, and the brokers will alter their free advice when their valuable, paying, clients have bought their fill.
    Last edited by Atlanta1: 10/10/22
 
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Last
$26.32
Change
0.660(2.57%)
Mkt cap ! $81.03B
Open High Low Value Volume
$25.92 $26.32 $25.83 $102.7M 3.931M

Buyers (Bids)

No. Vol. Price($)
2 5850 $26.22
 

Sellers (Offers)

Price($) Vol. No.
$26.32 12010 3
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$26.19
  Change
0.660 ( 1.76 %)
Open High Low Volume
$25.92 $26.29 $25.84 1287651
Last updated 15.59pm 06/05/2024 ?
FMG (ASX) Chart
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