FMG 1.20% $21.41 fortescue ltd

been watching FMG like a hawk for 6 months, bit the bullet and...

  1. 348 Posts.
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    been watching FMG like a hawk for 6 months, bit the bullet and shorted 4.61 to 4.33 , wanted to go long but my margin lender doesn't do FMG so I've gone long Rio instead.
    really can't see FMG going lower than it is now I reckon 4.50 this week and prob 5.00
    this month , can't see 6 unless IO spikes up 10% Rio was up 3% in London dropping real fast though
 
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