You have to realise that many of the positive poster are just trend followers and traders. There will be very few who are genuine long term holders.
So when there is a bit of weakness they will always be more negative poster.
My style is to pick a stock and hold for 6 to 12 months. This works for me. The business model of MAD of ever increasing production wells attracted me to this stock. However in my view the market cap was just too high for where their production is and where it's going. So I have not purchased.
I may purchase in the future if these high impact wells perform really well. I dont see that they can increase production quickly enough on the small wells given their market cap.
I have no issues that MAD is a reasonable company it is just too expensive at the moment.
FDM Price at posting:
$1.07 Sentiment: None Disclosure: Not Held
