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- 4 February 2006
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er.....................,ummmm,.....................no!!!
Need to check the chart to determine popularity agro
how come every time i log on to aussie stock forums i notice FMG in the top 10 threads on the main page?
just goes to show, regardless of whether you like it or hate it, there is heated debate about the company
does this say something about its popularity
er.....................,ummmm,.....................no!!!
Need to check the chart to determine popularity agro
er ummmmmm, almost everything is going down at the moment....
Lets compare to other Iron Ore stocks...
BCI - Down 85%
AGO - Down 84%
CFE - Down 56%
MGX - Down 89%
FMG - Down 78%
MTS is, and CPU aint doing too badly.i couldn't careless about the chart, find me a chart that is trending up and i will buy stocks in that company..
Because you don't have an admitted ramper cheerleading it, in the thread?Treefrog,
I dont hold FMG, but did in the past. Held a bit too long, an expensive lesson. Some of the posts flogging FMG here amaze me, why arent these ppl doing the same in the MGX thread?
I am all in cash atm.
er ummmmmm, almost everything is going down at the moment....
Lets compare to other Iron Ore stocks...
BCI - Down 85%
AGO - Down 84%
CFE - Down 56%
MGX - Down 89%
FMG - Down 78%
Treefrog,
I dont hold FMG, but did in the past. Held a bit too long, an expensive lesson. Some of the posts flogging FMG here amaze me, why arent these ppl doing the same in the MGX thread?
I am all in cash atm.
No worries Chops,
I don't think we have any met's lurking on ASF atm, this question may have to remain unanswered for tonight at least
jman
(dnh)
that is exactly the point gav. when a stock is obviously, so very, very, obviously headed south, the options are to:
1) cover
2) short
3) exit
not a lot to be made from either of:
4) holding
5) buying
particularly when that stock is speculative - ie not paying a div, but hey, each to their own I guess.
I am not currently in FMG (either dirrection) having shorted after the uptrend broke. I post here attempting to provide some balance to bad advice that some may be influenced by.
As for the seasoned trader/investor, I do not for a second think they would take notice of much on here.
I think we need to be careful here with our definitions - a speculative stock is generally accepted to be one that is exploring yet has not found anything yet, or that has found something but could find more, or that still needs to sort out partners, funding etc in order to proceed to production, eg SDL.
To say that FMG is speculative because it does not pay a dividend is misleading IMO
Wouldn't those definitions place FMG in as a Growth stock then not spec. The Cash for FMG did just increase $432million in the last Qtr.
Wouldn't those definitions place FMG in as a Growth stock then not spec. The Cash for FMG did just increase $432million in the last Qtr.
no, because it does not meet this essential requirement to be a growth stock yet"Speculative stocks are backed by no proven corporate track record or lengthy dividend history"
FMG is still spec because it has no div history at all.
accept different definitions jono but have always held to the following from Business Encyclopedia: Stocks
"There are four main categories of common stock, each of which is best for a particular investment strategy and purpose.
Blue-chip stocks. High-grade, or blue-chip, stocks are issued by well-established corporations with many years of proven success, earnings growth, and consistent dividend payments. Blue-chip stocks tend to be relatively high priced and offer a relatively low-income yield. They are a relatively safe investment.
Income stocks. Income stocks pay a higher-than-average return on investment. They are generally issued by firms in stable businesses that have no need to reinvest a large percentage of profits each year.
Growth stocks. Issued by firms expected to grow rapidly during the years to come, growth stocks have a current income that is often low, since the company plows back most of its earnings into research and expansion. However, the value of the stock may rise quickly if the company performs up to expectations.
Speculative stocks. Speculative stocks are backed by no proven corporate track record or lengthy dividend history. Stocks issued by little-known companies or newly formed corporations, high-flying "glamour" stocks issued by companies in new business areas, and low-priced "penny stocks" may all be considered speculative stocks. As with any speculative investment, there is a possibility of tremendous profit””but a substantial risk of losing all as well."
how come every time i log on to aussie stock forums i notice FMG in the top 10 threads on the main page?
just goes to show, regardless of whether you like it or hate it, there is heated debate about the company
does this say something about its popularity
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