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88e or FAR, page-3

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Lazarus65

1,800 Posts.

824

29/08/16

09:35

Post #: 18754698
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Originally posted by insaf ↑

The chart says 88E, however FAR at these level are trading close to it's market valuation. However, 88E are looking at serious oils in barrel and haven't divested as much yet but not as advanced as FAR in the project. As I am a trader and held both, at the moment 88E is on a tear. However, FAR is going through what 88e went through a few months ago - accumulation and suppression of the SP and hence it's turn will come as there is minimal downside however the upside is not as what could be for 88e. the risk of 88e is still high in comparison though. I would personally hedge my bets with both as both are different oil plays. I was holding both and not sold out of FAR while still in 88e thru trades.

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I think you have answered your own question. GL.

88E Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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