over price

My post on FMG “Crazy buying at this price� and on 4/1 I posted again:

“So, should retrace to:
87.50 – 0.616(87.50 – 51.39) = 65.19 = $6.519 = $6.52 (after share split)�.

Today, it’s a beautiful and exact fall to $6.52!!! But, I think $6 is a fair price for FMG.

With FDL, it was a very crazy pump up from 6.7 to 16.5c (146.26%) with NOTHING NEW!!! So, FDL should fall to:

[16.5 - 0.618(16.5 - 6.7)] = 9.87 = 9.9c

At 9.9, FDL is still very much over price. I think, should or must be back 9.1c.

I may be wrong. But take care and good luck