GREY:FFLWF - Post by User
Post by
ThoughtsOnThison Jul 19, 2021 2:03pm
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Post# 33569942
Burned for Now...
Burned for Now...I'd say we're burned on FAF for the time being...say...a year. Down 40% from the February high (as artificial as that was) but more importantly the chart looks like the SP could easlily fall < $0.80 at this point. That's 50% off the September 2019 high. Not pretty at all.
I like FAF and like the postition the Couche-Tard has taken, but averging down here would be hard to do. Think that we will see $0.75 before Labour Day...