FMG 1.10% $19.76 fortescue ltd

Value Investors' Sell Price, page-6

  1. 811 Posts.
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    I first bought FMG this January 2019 for about 4.40 I think in the next few years, especially if Libs win the election, the sp will be around $30. I cant say why, it's just a feeling.

    I have traded this stock numerous times since Jan. I am up significantly, but no where near the 200K + if I just held from day one. Fear and greed can work against the investor some times. It can go the other way, don't get me wrong. I will just keep trading till it tanks because at the moment this stock is the biggest cash cow I have dealt with. Man, it's pumping out cash like an ATM on steroids.
 
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