, either way, the incredibly slow decline over the last few weeks is for the best reason 'we as investors' could place upon it 'just boredom of the wait', 2018 is only a few weeks away and there has been no bad news. Also, based on FBR's past when FBR announcements drop, FBR moves near vertically, sometimes significantly.
I dont think this will plateau either, too many investors watching for the cheapest price and its too close to 2018, if the curve suggests a consolidation, I believe it will rather start short but sudden upwards spikes (fomo), therefore it wont take much to return to the 25c region, an even slightly positive announcement I expect it to return to the old SP curve, thats around 30c+, I fear to say higher but I think this is conservative . Im fine with it if the fundamental reasons I chose this as a speccy in the first place arent threatened, and they're not, they are much better.
btw MotleyF lightly promoted it again a couple of hours ago..
FBR Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
, either way, the incredibly slow decline over the last few weeks is for the best reason 'we as investors' could place upon it 'just boredom of the wait', 2018 is only a few weeks away and there has been no bad news. Also, based on FBR's past when FBR announcements drop, FBR moves near vertically, sometimes significantly.
