I usually plan my exit strategy before buying a stock but not on this one. I am a long term holder and was fed up about December 2011 and put in a sell order, fortunately it dropped off after 30 days and I forgot to re-do the sell order. I always scratched my head why a stock with such great potential languished in a low trading pattern.
Well that is now a thing of the past. Back to my exit strategy. The trend is your friend and I will not be selling as I can't see anything in the long term to stop this trend nor can I think of a reason to sell.
positive cash flow they own their own rigs 3 good acreage areas owned 100% good management broker sentiment low cost drills will over 95% success rate
I am so happy that this stock has finally been recognised for the "gem" that it is.
FDM Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held