In response - the reason I said I hope for a CR in the 7's is because I think in the short term (for reasons mentioned above) that this could go lower. My logic (as you put it) is that I would rather a CR in the 7's then in a couple of months time when it 'might' be in the 6's (or lower).
As for down ramping and 'going back through my past posts'. Can you also go back to my posts when I joined FAR in 2008 under the leadership of Michael Evens? and the numerous technical analysis I did on FAR long before (no offence) the likes of JP, Aqua (all of which I think are great blokes by the way) came along?
I take offence to been called a down ramper and been 'predictable'. I have sold FAR 3 times in 7 years. I currently hold with some of my super and some personal savings.
I appreciate that there are 'down rampers' on these forums, however, rather then have a go at me, maybe read what I wrote. It's not some crazy 'out there' theory. It is a personal opinion based on experience. And yes I sometimes 'talk up' the stock - but don't we all? sometimes we think its the best stock ever, other times we think we made a bad choice - it's called emotions. Unfortunately something we are not supposed to have when it comes to stocks.
This is why I rarely post anymore, every goddamn time anyone says anything slightly negative (even after a fairly thorough explanation) - they get accused of either ramping or down ramping.
It really is sad because these forums are supposed to be for discussion. Apparently if you don't agree with the 'norm' you have ulterior motives.
And let's be honest, who the hell needs to down ramp? - Unfortunately it's dropping on it's own.
Ele.
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