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Bullboard - Stock Discussion Forum Foraco International SA T.FAR

Alternate Symbol(s):  FRACF

Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy... see more

TSX:FAR - Post Discussion

Foraco International SA > Looks like that three bucks
View:
Post by sicnarf2 on Jan 31, 2024 2:45pm

Looks like that three bucks

Triggered some profit taking "
Comment by savyinvestor333 on Jan 31, 2024 3:03pm
Yes and that is actually a good thing. The last thing I would want to see is a parabolic rise and a resulting crash. The stock is behaveing wonderfully. Even a 10-15% pullback would be considered normal in my books. 
Comment by ddogold on Jan 31, 2024 3:47pm
Right you are . That would be the time to add a few shares . 
Comment by Chefboy69 on Jan 31, 2024 10:19pm
its called smart investing. I sold 1/3 of my shares at $3.00... now riding 2/3's almost free. Its taken me years to figure out..Risk management. now its my fav topic..Now i don't care that this dropped today. and if the next 2-3 days are red I won't care either I derisked my investment here. And yes that is why $3.00 was the top for now.. I am holding the rest of my shares for $3.50 ...more  
Comment by savyinvestor333 on Feb 01, 2024 5:14am
Congrats Good for you but don't forget reinvestment risk. It's not like it's a piece of cake to pick winners 100% of the time. Sometimes it's best to stick with a winner. 
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