Now, I do like this one FB. You see it's gone down this year...

Now, I do like this one FB. You see it's gone down this year whereas generally the mkt ha gone up about 15%. I got in last year at about 11.60, and with divs and cap growth have made about 15% (20k). ORG Seems to have dropped from its 13.24 level, which is a shame, as was cycling quite well throughout June and it was easy money. Took profits a couple of times, but am in about $13 now.


See the way i am looking at the mkt is over 4 yrs and the price cycles over that time. Where your WOW and CTX and COH and CSL investors are going wrong, is they are looking at 35, 100 and 200 day moving averages. Thats too short unless you believe the market /prices have undergone a fundamental change. I dont think they have, and that they will find their mean levels they have been at over the last 4 years.

ORG is (has been) a $16 - 18 share, but is being punished for its LNG involvement. The interestiong thing is, it more often as not falls when the market rises and has not had the massive rises that have affected the rest of the mkt (so in theory its got less potential to fall). It could drop down to 9 if there is a big mkt downturn, but the closer we get to the end of the LNG project, the higher the likelihood it will find its 16 - 18 level (but i could lose my pants!!!)