I don't think he meant "you can't loose" at the end of the day, he meant that it doesn't matter which way FMG moves (up or down) all that matters is it moves / has excess volatility. The game isn't picking a direction, the game is anticipating when the stock will be volatile and when it will not.
Iron ore price, page-47853
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Last
$19.91 |
Change
-0.560(2.74%) |
Mkt cap ! $61.30B | |||
| Open | High | Low | Value | Volume |
| $20.75 | $20.75 | $19.86 | $232.1M | 11.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 119100 | $19.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.93 | 30 | 1 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |