FMG 1.34% $19.47 fortescue ltd

IO down so stock falls.When ever I buy it seems to drop back a...

  1. 3,975 Posts.
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    IO down so stock falls.

    When ever I buy it seems to drop back a bit more before taking off again.
    Rather not miss out.

    Anything under $22 a share is a steal. I'll be hoping its still under $22 a share come Wednesday as the
    CSR money from that take over will likely not make my bank account until later in the day tomorrow(Tuesday).

    IO will probably bounce back over $110US/T tomorrow.

    Can't complaint. Happy I went for it this time over regretting not going early enough the previous year.

    My only worried share is the PLS ones. The company is sound and I am sure in the next few years they'll be
    over $7 a share. Just looks bad now is all.

 
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