re: Ann: CFO/Company Secretary Appointment / ... gottalovevmt the reason I sold out today is because I needed to lock in my funds, I do feel over the next few weeks most of the good news out of the US has finished and more bad news for Europe will arrive, therefore some red days on the ASX, usually FAR has followed suit.
With no drilling results from Apache for at least 3-4 weeks and FAR are not currently drilling the SP may slide furthur north. I do believe in this current market investors get bored and with not much action happening have decided to sell out.
The days of the SP rising on pre-spud are over too many investors have been burnt in the last few years.
I bought at 4.3 and sold at 4.4 could of sold weeks ago and made a decent profit but least I did not make a loss.
I did not sell out in Panic today I thought long and hard before selling.
I don't think I deserved a dig from yourself.
Hope this one goes well, will be keeping an eye on it over the next month.
Good Luck to all that hold
James
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