Iron ore price, page-52306

So I went a bit crazy with FMG. The prices already are quite good considering we are under 3 months away from the final dividend and i feel that dividend will be somewhere between 105 to 115 cents per share.

Last week I sold out of FEX (a 3 to 4 year holding i felt a bit emotional it was like selling an old friend) and bought another.100,000.aud of FMG at 24.88. Which is okay.

never held more than 10,000 shares of FMG but yeah okay now i blasted away that milestone. (I know i am small timer compared to those who have 50k or more FMG shares. Very jealous )

I see the near future like this.. If FMG drops down below say 21 or 22 dollars a share. Something like that.Then stuff it I will buy another 200,000Aud to 300,000 aud (I think I must be crazy loading up on so many).

So i might say happy in some ways. And well if it goes up from here till dividend then of course I profit from what I already have. Happy either way.

I just want to get those 20\30k plus FMG checks when the dividends come. Damn greed is good (Good old Gordon Gecko).

Rant over