FMG 1.39% $19.22 fortescue ltd

iron ore up 1.2% today to $111.80, page-6

  1. 1,362 Posts.
    The Iron Ore price has gone up a whole dollar and FMG
    has gone from 4.92 to 5.32 on the belief that the Chinese government are going to start their long awaited
    stimulus.
    Even if we are now in an Iron Ore bull market again the chances of a pull back of a dollar or two is very likely!


    It's just my opinion, but FMG has it's head out way to far and I think she'll be going down!

    Good Luck!
 
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