Falcon Oil and Gas Ltd.

Welcome To The Falcon Oil and Gas HUB On AGORACOM A global energy company with projects in Hungary, Australia & South Africa
in response to oilmaninvestor's message

>Price drop has sent the 7 day moving average thru the 20 day average and I have lighten up my holdings by 50 %. Fundamentals are strong but the drop is real. Need to sell to retain gain.

All this just a back-room boys’ hocus-pocus. I’m sure the wanna be day-traders will lap it up.

The long-term investors are value investors. Based on the latest resource estimate Falcon’s current risked value is $2.35 and $94.00 on an un-risked basis.

When Warren Buffet finds a value investment, he buys it, then holds it. So does Burlingame, Soliter, Persistency and all the others.

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solyomtwo
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Falcon Oil and Gas Ltd.
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TSX-V
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