FXJ 0.00% 66.0¢ fairfax media limited

why this is a strong buy , page-19

  1. 2,101 Posts.
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    Bought me some FXJ at 39c entry price about a month ago. Nice tidy profit today at .465c

    Seeing as it busted 44-45c it looks like 50c possbly even 55c will be the next hit point.

    Painfully brought more at .465c to double my exposure. I hate buying when there is a run as you dont want to be that guy that always catches the train late :-P

    But my entry point is still a about 42-43c with the new buy so I figure i've got room if weird things happen.

    But at 14million buyers vs 3-4 million sellers it seems to me there is a push on this stock hard. 50-55c doesn't seem unreasonable within 1-2 weeks.
 
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