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inception

374 Posts.

11/06/14

22:25

Post #: 13512950
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Originally posted by alonso ↑

I'm still interested in FAN. I have been watching very closely.
Noted that almost all stocks in retail are getting hammered off the back of profit warnings I assume FAN may be in the firing line.
Given the technical jargon of stocks, a profit warning on this particular stock will see a pull back to $1.25 or there abouts.
Now historically this would represent a very cheap entry point, this day and era no.
I believe a test of $1.00 is on the cards I anticipate that it will hold a trading range of 80 cents to 1 dollar over the next year or 2.
short term wouldn't touch it. Long term still upside, patience is all that's needed here.
that is of course if it remains profitable or BE.
short term play right now I'd say gold. Let's see who is right.

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FAN Price at posting: $1.50 Sentiment: None Disclosure: Not Held
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