FDM 0.00% 1.1¢ freedom oil and gas ltd

encounter mad resistance?

  1. 65 Posts.
    Before anyone flames yes this is my first post on this forum however I have been involved in MAD on other forums for approximately two years.

    In my opinion MAD will encounter some resistance as the investor presentation hype gets old. With the next big boost in the share price approximately two months off when NASH and BOLING evaluations are released - and a likely swift investment from the big boys on good news.

    This two month interum, unless awesome monthly drilling reports are given, I can see a quick sell from people invested since the beginning to lock in some 400% profits.

    If this is true a landslide in SP could be triggered as this would be the first drop in SP since listing, the first big sign of RISK MAD will have shown.

    Note: I base this post from knowing what can happen to stocks when news dribbles in and SP is inflated - and people are sitting with big profits.

    Please post comments and opinions!
 
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Currently unlisted public company.

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