FML 3.13% 16.5¢ focus minerals ltd

do we dare bring up the c word?, page-14

  1. 624 Posts.
    Thanks for sharing, Pinto. You have a great plan.

    I'm one rung above moron when it comes to TA so I only trade a few 100K, selling into strength, and leave my core holding with its nice big fat round number. Eg: my last sell was at 7.8 and then I bought back at 7.2 but had to go into other funds to buy on the correction, all the way down to 5.8. (Hence my comment about being overloaded; it had nothing to do with balance - all my spec $$$ are in FML)

    I have a fairly good idea where FML can/will get on fundamentals (and I listen to the TA experts when the time comes) but - at the risk of offending some - I'm also looking for my next spec superstar. I need some spare cash for that and while I think FML will undoubtably double if not triple from here, the chances of it 10 bagging from here are low, though not impossible... (And if we do get a black swan event, I know what I can buy with the spare $$$ when the dust settles).

    Cheers,

    C12
 
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