FDM 0.00% 1.1¢ freedom oil and gas ltd

freefall, page-10

  1. 3,129 Posts.
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    The large amount of derivatives, CFD's warrants, minis or whatever else you want to call them have killed MAD in the short term.

    I think by and large many over-leveraged here and have been hammered. Unfortunately it is all too easy for the big instos with deep pockets to "see" the stop loss levels and then take the sp there to clean up.

    Hopefully those that are over leveraged will quit their positions and deleverage. Stability should then eventually return and then we can start thinking about some modest rises again later in the year.

    Personally, I don't believe too much has changed fundamentally with the company and there are other factors at work.

    I'm holding - and thankfully I'm holding ordinary shares and not some highly leveraged instrument!!.
 
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