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October is historically a big down month for the market overall. Not as bad as September, but as far as 'average joe' perception - October is a big month in the minds of many traders in regards 'anniversaries', especially in terms of years of 7.
Now we have the dividend announcement. $5.00 drop in price. November to the Christmas market rally is around the corner, 6 days after the dividend is paid.
We about to see another buying opportunity with cheap prices in FRO? We going to see $35? If so, I'm buying this sucker like it's going out of style if there is no accompanying very bad news (like my GMR is experiencing at the moment)
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