FDM freedom oil and gas ltd

is mad a bubble to burst, page-86

  1. 238 Posts.

    Nature of the beast....

    This beast though has......
    - Large 1P reserves (not BOE either)
    - Big money in the bank ramp production
    - Revenue to support the day to day plus 'normal' exploration.....

    Yes, there is a component of speculation in the MAD SP (all companies have a component of future predicted growth built in to the SP), but you have to look at this relatively if you are going to compare with others speccies. The points above are what sets MAD apart from most other speccies.

    IMO there is a bit of price manipulation going on at the moment and this will bounce around like a $2 hooker, but patience will pay off in the end.

    ....and if you get doubtful about this stock, ask yourself the question....

    Why would someone throw up $50m on a stock that has gone from 20c to over $1 in such a short space of time??

    A prudent investor (large) in a stock that had such a rapid rise would be looking for a bubble that was about to burst as the number one concern.

    These bigger players are always going to be closer to the action than the average punters most of us....all we can do is read between the lines and this one is telling me a good story!!
 
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