Thanks t2 - not being argumentative, but one factor nobody mentions is that today the share price is not a reflection of a company's fair value, but merely whatever the conniving mms want it to be.
I have seen this many times lately, share picks up some interest, share price starts rising, suddenly jumps 20% or even 50%, then a few days later plunges to levels prior to the initial interest. Who gets burned? The small investor, of course. How many T10 buyers do you think are crying over such shares?
In all cases the one thing in common is a fast rise in price - with no justification, only sentiment. Now you may understand my caution.
Oh, in case you wonder - I don't hold these, a friend mentioned them so I decided to have a look.
Frontier Oil stock quotes
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