No stock in the market took off like Fortescue Metals (ASX:FMG) did last year.
It jumped from $1.77 to $2.25 in one week during 2007. And it kept rallying until recently. FMG’s year-high was $13.15 on June 25 this year.
Basically, the stock rose by 643% in 15 months.
That kind of explosive trading speaks for itself.
