FMG 0.90% $20.14 fortescue ltd

short selling newsletter, page-11

  1. 43,368 Posts.
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    All that announcements, Twiggy learned his lesson on continuous disclosure or maybe a subtle ramping of SP LOL. Certainly will be looking to short rather than long. Those news coming out of China sure looks like the state trying to prop up struggling industries, ie steel and local IO producers to smooth things over for the new team coming on. On a longer term scale they will go through what Japan went through during their euphoria, buying up the world in the eighties. A case of buy high and sell low when the hang over hit them.
 
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