Up today, but I noticed there were 2 sells of £3m each at 11am this morning at £1 per share. After 11am the price rose to 105p.
Technically, it broke out of an ascending triangle on 9th Dec 2015. At the moment it might form another ascending triangle (TBA) but is definitely in a clear bull trend. However, MACD and RSI are trending downwards, and that divergence tells me to avoid buying at this stage.
Yes he can and does get it worong langtro, more often right than wrong though, but what I like about onedb [he's on here too [without the 1 at the end btw] us he's honest and is ready to admit he makes mistakes. He says he was a former professional in the business after an initial banking background, and I just like him as a poster, certainly someone to read the views of, and then of course you have to make up your mind yourself.
Hi Toze - have a look at Hub's comments on http://thesharehub.com/ Faroe is one of Hub's 2017 picks. Hub also posts under his same nickname "Hub" on http://www.iii.co.uk/ which is another message board good in particular for oil stocks. The poster "onedb1" is another top poster and technical chartist, who can give you food for thought regarding when to time your entries into stocks. atb Greenhills
I have been following FPM for many months but concentrating more on my active share portfolio at the same time. So I was well amazed when the last time (end Oct16) I checked FPM share price was at 74.50 and this morning it was at 103.50 - Well Done all of you who held on to FPM. I wish I did something about it.
Anyway, I read the notes on this board for most of the 2016, I obviously lack FPM knowledge but I do my own research and I considering buying some FPM shares. As I said, I do my own extensive research, but if anyone has any opinions before I commit myself to FPM please go ahead. I know that FPM can be a risky but rewarding investment, I would be very happy to hear from you guys. No worries, the decision in mine in the end, no one to blame. Thanks in advance for any views if this is the time to enter FPM or I missed the boat. Best Wishes to all.
Would be surprised if this share doesn't start moving when the markets reopen with Delek Group purchase on Xmas day! Someone in the Delek Group has 'their head screwed on the right way' i.e they made a screwed purchase of Ithaca at a low price possibly done the same here.
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