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Short Term Trading XMAS Weekend Lounge: 22 -26 Dec, page-107

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Vinculum

321 Posts.

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26/12/17

15:45

Post #: 29872277
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Originally posted by lifeguard22 ↑

Ha. You think and trade pretty similarly to me.. Great year, and a bit of fun along the way too PJ. Well done.

Fyi: I’ve added FBR to the ‘watch more closely’ list. Small pilot buy on Friday. A lot of cash on hand, some interesting sales and marketing opportunities ahead, current SP pretty close to the most recent placement price, management keeps getting ticks of approval from insiders and other commentators in the building sector. Recent Executive Appointment stated “...significant news in the pipeline” which caused a +18% SP rise and strong close - the word ‘significant’ is significant as CEO Mark Pivac is not one to throw around hyperboles..

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I'm with you on FBR, it seems ready from both a FA and TA perspective. I actually took notice of it due to SAS as they both come to mind when thinking of their enormous runs from 4c at roughly the same time.
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