FMG 1.20% $21.41 fortescue ltd

Yep its double the previous record plus an additional 2 days.And...

  1. 10,217 Posts.
    lightbulb Created with Sketch. 1402
    Yep its double the previous record plus an additional 2 days.

    And that goes all the way back to when the stock was just a few cents.

    Unprecedented alright and stupidly oversold compared to IO.

    Over the past month:
    • IO -11%
    • VALE -11.07%
    • CIA -17.6% ....
    • and FMG -22.86%.

    An easy 8 - 10% bounce is due for no reason at all, other than it should not be here to begin with.
    Last edited by convexity: Monday, 13:15
 
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