Insaf Monthly chart says sell,weekly chart say sell and the daily is oversold,little bounce coming...... I'm not being negative just objective, we are not drilling a well this year. FB far site is the biggest load of poo poo I've ever seen the work of Jonny Rotten and his bad seeds. Pretty soon the JV partners are going to put the boot into far ......it is coming. The last time far was an operator was 10 years a go in the Louisiana sands from memory a far cry from deep sea drilling. This will never be a buy and hold investment 15% investment in Senegal gets you nothing on ROI. Companies that keep diluting shareholders wealth are not good for investment purposes. Presentations with far are a good time to sell and Jonny and the bad seeds know this hence the email from the flower pot people and Exxon text.... most people swallow this stuff. I don't trade bounces in fact I only trade 3 to 6 times a year but I do it aggressively and with tight risk management my ROI in my trading a/c reflects this with a 191% average a year. You are good at what you do insaf I just view things differently.
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