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Share fails to move despite excellent news.
The stock is dead but not the company.
I hope it goes down to CAD 0.09 - 0.10. I will buy some Falcons in this price range as I think that the company is not far away from monetizing its assets.
There is not a single reason to buy Falcon at the current price. The SP will go lower, and I'll buy when it does. So many other stocks that offer much more upside right now than our old and lame bird. I just cannot see why anybody would buy Falcons right now. Happy Easter Holidays!
The SP goes down ... and I'm waiting on the sideline.
CAD 0.165 is too high for me.
But no catalysts in sight that could/might drive the SP higher. So, I'm going to be patient, wait, wait, and buy when it's much lower.
Newtofo!
Pleasure to read some words from you. But please, don't make me laugh. I want you to live a long and happy life. We dont have to worry as the Falcon dream will materialise soon (1-3yrs).
I am 100% convinced that your adage will bring me nice buying opportunities soon. But I doubt the SP will go down to CAD 0.10-0.12, my preferred buying zone.
Derrik, I wasn't smart enough either. First, didn't sell all my Falcons and still hold some (in the profit zone, though). Second, could have sold when they tripled, but didn't.
Since Sunday, I definitely want more Falcons in my portfolio.
I like it when the share price goes down. :-)
Placed some stink bids a while ago, but they were not executed. Will build up a Falcon position again if the price is right.
Side note: Sunday was an exciting day as Falcon finally hit the jackpot. Been waiting for this for over ten years.
"Look at the history of the US shale. It took time to crack the code."
Of course, Thij.
But how much money does Falcon have to crack the code??
And if Falcon needs to raise money, how happy will this the current shareholder make??
POQ knows the true deliverability. Oh my!
"Initial flow rates demonstrated from the A2H well to date do not reflect the TRUE DELIVERABILITY of the shale in the Amungee region."
But glad to see that he still believes in the Beetaloo. I do not anymore.