FBR 2.33% 4.4¢ fbr ltd

New fbr video inside..., page-34

  1. 3,372 Posts.
    lightbulb Created with Sketch. 690
    yep, no shortage of confidence at FBR.
    That isnt a criticism. After all, you dont want to invest in a company full of people that dont believe in themselves.
    Just need to be realistic, that is all.
    There are plenty of reasons why FBR can fail, no matter how much confidence or $ are fed into it.

    So why did I buy shares this week?
    Because I am confident that in the short term FBR will go up a few cents to 10 or 11, and I can sell them at a profit.
    Then when they drop a bit, I can buy again. Then sell, Then buy. Rinse and repeat.
    That is the plan.
    Will it work? How long will it take? We will see.
    But holding over the 3.5 years that I did with a few top ups, only yielded me 40% profit.
    So this time I'm trying to improve on that 40% over the next 3.5 years....assuming FBR is still around in 3.5 years and hasn't been brought out or gone bust.



 
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