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The Faraj List of Exploding Stocks Part 3.04 (FAR3)


melfaraj - Tue, 28 Dec 04 :

sweetie, afd

anythign over goround and you have no interest in! anything underground and you go for it.

good to see mr horgan's confidence in his pet. and yes he does not need a big one. one small field and his company is transformed. and yes, iraq is a none in a lifetime chance, win and yo've made it.

sm suggested i might have had delivery of my bently, not so rushed sm, i've only placed the deposit awaiting the contract award!! and i have to find a way of outmanouvering her super jelous man!!

now, back to earth. lets have a look at afd. it has been one of the top risers a few months ago. so lets look afresh:

as you see, it exploded late sept/early oct this year to hit a summit of 60. since then it has been on a down trend until a few days ago whn it blasted off again on the back of 2 super vs'. something on the line of changing the fundamentals of the company must have happened to cause this erruption. the company is small, so the changes do not have to be massive in size, a few £ millions worth will do the trick!

look at those two white candlestick of a few days ago, they speak of a very bullish performance. small companies do tend to behave in this way though, all or nothing at times! following these two candlestick the action went dead, a bit disa ppointing you might say, but for no retracenet to have taken place after such massive rises does speak of some solidity. so it is quite likely that the stock may retain its current valuation. if that happens, then look at 60 as your next target.

a rocket of a stock. but like rockets they can reach the moon. however, some times they may do a fast u turn. has to be watched all the time. consider bailing out every now and then at resistance to lock in some profit.






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