
fxen
Re: fxen
Over the years I have seen these rather thinly traded small-caps take big dives at the end of the day. Just someone selling a large block at the market 9 times out of 10. Unless you see some news to justify the sale, they are usually excellent buying opportunities.
FX Energy does have the highest risk/reward of any Sweet 16 company. They are currently drilling some very high impact wells. IMO if Kutno 2 is a dry hole and the stock price dives it will be an excellent buying opportunity. FXEN has a lot more going for it than just Kutno.
FX Energy does have the highest risk/reward of any Sweet 16 company. They are currently drilling some very high impact wells. IMO if Kutno 2 is a dry hole and the stock price dives it will be an excellent buying opportunity. FXEN has a lot more going for it than just Kutno.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group