Saudi Arabia... wants FBR
What a spectacular jump today! When there is a massive order for a technological stock untested in the commercial world, it sends the share price spiraling upwards. I put a low price to buy more but missed out on topping up and will never get it at that price again.
But I am happy...
posted by Club Mulgoa @ 10:24 PM
3 Comments:
After that massive jump, the share price never went back to the level before 15/8/2017. So I never bought any more shares in FBR. These two days, the share price is heading towards its peak again.
Today, Saudis want to build a new city without anything traditional worth $643 million. And Caterpillar had a huge lift in its share price in NYE because of good profit figure.
This is a case of 1+1=10... for FBR this AM.
Saudis want it but not yet. So without new news, the price of FBR has drifted downwards to 16c. However today, it jumped by 3c!
I am happy briefly; tomorrow it will most likely fall if there is no good announcement.
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