FMG 0.18% $21.63 fortescue ltd

farmboy! welcome back.. :)great summary.The media and hedge fund...

  1. 1,082 Posts.
    farmboy! welcome back.. :)

    great summary.

    The media and hedge fund campaign against FMG has been relentless but there be a few sore shorts this morning i bet.

    The catch phrases such as 'value trap' and 'end of china boom' and '$50 IO' all did the trick if someone caved and sold out at low $3.. but our long term view has been rewarded thus far.

    $5 not far off imho.

    Cheers,
    OZ
 
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