FMG has crashed like it would in a stock market crash.The...

FMG has crashed like it would in a stock market crash.
The concern is we are getting close to another stock market crash.
They happen every 5 years or so. The last big crash was March of 2020.

If we were to have a crash now FMG could go as low as $5 to about $8.

There is a fear of a world recession approaching which can cause market jitters.
Its bad enough the US election causing markets to be jittery.

I am in hold mode. If it was to crash I'd top up as I know at some future point in time FMG
will be back at $25 and beyond.

My sentiment is hold. Not of the belief we have hit bottom yet.

Going on past years we tend to pick up early October which is when the IO price starts to rise again.

I think by years end IO will be above $135US/T. Its why I won't sell.

I think most of us hope it rockets up sooner than later.

I do think if we had our time again in a perfect world we'd all sell at $29.95 and buy back when ever it hits rock bottom.
The thing is greed takes over our brains and we all get to greedy and think it will go far higher when it was $29.95 a share.

The shorters their brains think and hope it goes lower.

As always each to their own madness.