FFX 0.00% 20.0¢ firefinch limited

Ann: Further Successful Drilling Results, page-102

  1. 11,012 Posts.
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    @JayWin, This is in respond to your comments

    "insider trading" on it is a great day
    I am just being positive to add emphasize to dazaliam "good day".
    TA wise, at 43c, the MACD is starting to turn positive and appears to want to break out from the immediate down slope. FA wise, we just had a great report on the drilling results coming on and many more good news expected. You will feel better, when you are positive, otherwise you will be remorseful when negative.
    You commented on your average purchase of 70c per share as paying too high. Well it depends on how you look at things. If you have bought it as a trade, your timing has been out, as you went around chasing the share for your entry. However as an investment and you have done your research, in the long run, the share would have more than justified your purchase, otherwise the reason for your purchase at 70c. If you really believe in the share, at 52c is a great opportunity to average down. As for me, I have bought today at 50.5 and 51c to average up, as I see this as a great opportunity to increase my profitability.

    "Still need to be wary of offmarket sellers! "

    I don't know whether you are buying secretly by this comments. You now appear jumpy like someone here before that owned BGS and since sold out.

    The SP has been up strongly in the last 3 days. I expect a lot of good news to flow through any time now.
    Some taking profit and stale holders selling out is not uncommon. However, a good strategy is to take profit when ever one can, at the same time to add on, on each retrace. The selling side has been drying up, so a quick rise from here wouldn't surprise me at all. IMHO, we are at last trending up and with the expected flow of good news coming on, the SP could rise quickly from here. Again, this is only one opinion, others may see it differently.
 
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