FMG 0.34% $17.43 fortescue ltd

re: jim chanos huge loss in 2013!!! Decided to wade back in to...

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    re: jim chanos huge loss in 2013!!! Decided to wade back in to FMG ON Close yesterday
    Was encouraged by china opening green
    Also liked the reversal hammer AGO was throwing down
    Have noticed the shorters often take on FMG and AGO in concert
    So that's the reasoning......will see what the day brings
 
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