Perhaps the reason it fell only 3% on a day like this is because the consensus view of FMG "OUTPERFORM"..... yes that is right "5 at buy", "7 at outperform", "7 at hold" and wait for it how many are for sell......drum roll....1. You guys should expand your research a bit more. 1 Haaa haaa haaaaaaaa. That must be the analysts loobs gets his hot tips from. No wait that's right these guys never post links or sources for their predictions ......why because there is none!!!!!
"As of May 17, 2013, the consensus forecast amongst 20 polled investment analysts covering Fortescue Metals Group Limited advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts improved on Mar 19, 2013. The previous consensus forecast advised investors to hold their position in Fortescue Metals Group Limited."
http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=FMG:ASX.
You guys must be getting really worried that FMG is no longer in a down trend but a side ways trend at 3.5 And as you guys are shorters I don't blame you for pooing in your pants.
The outlook has been nothing but doom and gloom for the mining stocks and here we are at only 3.5. What, what every ever happen Geezers to your calls of 2.98 a couple of months ago that were 100% in the bag. It must be killing you guys that FMG just wont go past that 3.4 range and keeps bouncing up.
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B |
Open | High | Low | Value | Volume |
$19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4673 | $19.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.76 | 31740 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 19.730 |
1 | 1000 | 19.700 |
1 | 3000 | 19.680 |
2 | 1552 | 19.650 |
1 | 5000 | 19.630 |
Price($) | Vol. | No. |
---|---|---|
19.800 | 2133 | 2 |
19.830 | 750 | 2 |
19.850 | 150 | 1 |
19.870 | 2200 | 2 |
19.880 | 3834 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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FMG (ASX) Chart |