FMG 1.62% $18.16 fortescue metals group ltd

Iron ore price, page-22682

  1. 1,195 Posts.
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    hey smx hope all is well
    I got in at 10.8 just before the dividend, in feb about the same time I got out of another capital destroyer you know about

    0 regrets 50% gains and a dividend payment

    I literally never check the thread and the price just keeps going up plus it pays dividends

    often easier to pick them when they are at the top or going up with a tight stop then try pick something that's beaten down and wait for it to go up,

    I do wonder what happens when the iron ore price drops or that Brazilian mine opened up, but tbh I have no idea about mining companies and how they make money I'm more of a milk and medical guy

    can't go wrong if your long
    good luck mate
 
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