FMG 10.2% $18.28 fortescue ltd

I'm just saying that i dont think the cycle has bottomed yet....

  1. 853 Posts.
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    I'm just saying that i dont think the cycle has bottomed yet. The iron ore price hasnt seen cyclical lows. Shorters havent turned up. I love FMG its a great company and i will be buying. But not yet. That's the time to buy and we're not there yet.
    i disagree with other posters who have been saying that FMG has dropped to buy levels. For me its a "not yet".
 
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