FMG 1.98% $19.35 fortescue ltd

rewlin,I would like to think that 7.5 was the bottom and it...

  1. 496 Posts.
    rewlin,

    I would like to think that 7.5 was the bottom and it definitely should be taking into account the fundamentals BUT I am afraid we are at the mercy of shorters here and when they decide to target en masse, no company is spared.

    One thing I am sure of is that noone really knows which way the market will turn and it will be a very bumpy ride for a while yet.

    I am a long term holder of FMG but this is the most volatile period i have known.

    Good day today at least.
 
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