FAR 0.50% 49.5¢ far limited

Malcy Not giving up on BP, page-137

  1. 912 Posts.
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    Zip,
    I can't really feel sorry for the flippers. They have had a dream run for too long with the share trading in a persistent range.
    These are the shareholders we need to swap out for new long termers. What we need is higher lows for a few cycles. So, if we stay in the high 7 - 8c area until the next move up, then some ST holders/flippers will be reluctant to buy back in. People on HC will say 'where is so-and-so, he was one of the pom-pom brigade, and now he never posts?'
 
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