FDM 0.00% 1.1¢ freedom oil and gas ltd

2013 - rise of the mad, page-3

  1. 300 Posts.
    You might be on the money Jevan,

    My limited charting knowledge says the company is way oversold,however the shorting has us by the 'JATZ CRACKERS".
    I am horrified by the fall but we may have a swift turn around.
    Here is a copy and paste from the short term traders forum.


    MAD - Oil and Gas in the US, Shorters have been having a field day with it recently after speculation of delays to production and a lack of news. Recently hit S&P200 and has potential for further Insto's to take a position now at a relatively cheap price. Joint dev agreement with gulf south Holdings Inc is now in place, and co expects to receive first funding before 3 dec. Further news will continue to test shorters who IMO have run their race now and will be forced to cover hare. (Mcap:$339.5m) Click Here for full detail
    Spotted by: BrookeCE Date: 24/12/2012

    I have full faith in management,the foundations are laid and the blocks are coming out of the ground. ,We are just in a vulnurable position atm,and the traders are in control.
 
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Currently unlisted public company.

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