FMG 3.23% $18.87 fortescue ltd

todays target, page-12

  1. 637 Posts.
    i personally think that FMG is a very long term stock to hold in your portfolio however the time now is a very rough one, iron ore prices have been all over the place, i will be staying away ffrom iron ore and eyeing a few gold stocks and energy stocks..

    With Italy in the news Whats next Spain, Portugal, Ireland, in short the market is in for a rough rollercoster

    IMO we could see her fall to about $3.2-$3.4

    Unless europe doesnt come up with a strong and convincing solution i would stay away from iron ore
 
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