GREY:FFLWF - Post by User
Comment by
whoknowson Jul 20, 2021 4:16pm
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Post# 33576632
RE:Burned for Now...
RE:Burned for Now...ThoughtsOnThis wrote: 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...
It's always risky to predict the upcoming price of a stock... unless you are a person who is a medium, your prediction is worth to you and everyone can have fun in predictions. On this day, FAF's stock is at .96 cents, up .02 cents compared to Red Monday on July 19, 2021. Let us remain positive and optimistic. If you don't believe in the company, the best thing is to withdraw by selling your shares.