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Am going to start to apply this to broker ratings, reluctant to buy more of these, but will not be rattled by such a drop.If the drop continues will buy more. Myself I think this is being forced down in order to buy cheap, very surprised if they do not increase by 50% in the next 12 months.
I just think things could get a lot worse with brexit & there may be some good opportunities to buy in general not just TCG...
The business is only worth the above surely it must be a takeover target......
To buy, its a great brand & like someone said ripe for a takeover.P/e is huge though !, again like someone said.
You find a lot about yourself, am sitting on a 4k loss however this share can bounce up rapidly if you look at the 5 year movements, if it drops say 700 will buy more but meanwhile will hang in, as long as you can be patient and hold your nerve am sure times will improve.
Gold has stood the test over 1000's of years, its totally proven unlike paper money any further weakness then I will buy more FRES, as long as we are patient FRES will bounce its a very strong company with zero debt & like you say the USA has huge debt. I think the secret is as long as you dont need to liquidate into cash & you have sufficient cash resources then money is to be made.