weekend lounge short term trading 14 -16 june, page-26

  1. 7,636 Posts.
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    strauss,
    Just some stats.
    # NFE lost 90% from the low of the GFC to the recent low 0f 5c.
    # GBG lost 80% from the same low.
    # FMS is "holding strong" at its GFC low.
    # Both NFE & GBG are producers , but have high debt.
    # FMS is an explorer ...No debt ,but little cash of $7m.
    # FMS has nearly double the MC of NFE.
    # 1c gain in FMS SP adds $18m to its MC.
    Not drawing any conclusions.
 
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