FMG 1.82% $21.32 fortescue ltd

I simply can't see it going back to $15.It seems to have leveled...

  1. 3,250 Posts.
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    I simply can't see it going back to $15.
    It seems to have leveled off now anyway.

    If it drops back to $20 or $21 I'll just buy more.

    As we get closer to reporting season the stock will start to rise and when the
    reporting season shows massive profits again and a good dividend again it will shoot up quite fast as it always does.

    Just don't miss the bargain basement price now. I've made that mistake before.
    I am not even concerned if it drops back to $20 as I know it will be over $30 soon enough
    and then you will be full of regret.

    Can get to greedy at times. We've all made that mistake.
    I've learnt from it and feel its bargain hunter time right now.

    I think the dividend will be $1.08 to about $1.25

 
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