Interesting movement in FAR today. I traded it successfuly 3 times ealier this year, then got greedy and went for the big one (Shell announcement) buying at 0.115. So I'm holding a 60% loss right now and nothing would make me happier than seeing it push back to 7 or 8c on a good annnouncement.
But FAR was able to keep the (bad) Shell announcement secret fairly well, so you have to wonder whether the (good) alternate-partner announcements have been similarly contained.
Perhaps it was easier (with Shell), as the decision would have been made at (or close to) the board level. With a potential new partner, there might be many small middlemen in the process who could contribute to the leaks.
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Interesting movement in FAR today. I traded it successfuly 3...
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