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23-07-2012, 08:32 PM
I have learned not to buy a counter when there is doubt, as I will not be able to sleep well and dare not to average down when the price drops. For a counter which I am sure of its long-term prospect, I feel happy when the price drops as much as as it rises!
From what I see, there are big sellers out there for Foreland and they are not done with the selling yet -- it does not matter whether they are short-sellers or existing shareholders who want to divest. The sellors are too strong for the buyers to stop their advances. There are no catalysts in sight for the price to move up in the short-term.
From what I see, there are big sellers out there for Foreland and they are not done with the selling yet -- it does not matter whether they are short-sellers or existing shareholders who want to divest. The sellors are too strong for the buyers to stop their advances. There are no catalysts in sight for the price to move up in the short-term.