FAR 3.13% 46.5¢ far limited

Kosmos etc, page-71

  1. 10,464 Posts.
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    It's time will come. Until far generates casflows and becomes a producer, it becomes afflicted with same disease as all explorers - pump and dumps and used to generate short term profits while general progress is supported with a small uptrend and suppressed by dominant downtrend. Cvn, 88e, Kar are all no different. As phil rightly pointed out we are now approaching a critical phase if the company where we have broken thru the pattern of recent history. The key here is the backrest of support. Conform and we should move up.
    Unlike other TA player I don't focus at where this could end up med to long term. I prefer the short term hurdles and use momentum to stay in or out.
    The longer this consolidates around the range the better it is. However we should not be far.
 
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