Jump to content

FFH recent slide


Recommended Posts

I kind of thought buybacks were driving it up at the close from 700-770.  Here it seems like a reversion where one or two big players are using that price bump to get out.


Or someone knows something.


Or it is random stochastic movement.


Who knows?


Narratives are fun but not useful. I added at 700 today.

Link to comment
Share on other sites

No idea what's driving this move. Interesting, though, is that FFH's price is moving inversely to MKL(2018.5.17 - 2018.6.17 MKL was down 2.8% and FFH was up 6%. Since then FFH is down 9% and MKL is up 3%). Something similar happened during Q1 of this year as well.



If FFH moves below US$500 I'll most likely add, else, I'll wait on earnings. We've had a few instances of good earnings and the price moving sharply higher within the week. If earnings come back solid and there's not an immediate move, I may add then as well.




Link to comment
Share on other sites

That's one of the things that I like - but find confusing - about FFH is that after posting good results, there is often a delay of several days before the stock price reacts. It's almost like having advance notice of the results.


Link to comment
Share on other sites

  • 3 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...