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Hey guys, just want to give you a heads up on FTUSQ. FTUSQ is Factory 2 U stores which specialize in wholesale prices on merchandise for consumers. It's like a Wal Mart or Costco. My charts inicate its hammering out a bottom before trend reversal. What is important about this is that these charts and the company auctioning a lot of their assets next week point to a high stock price. If you remember when KMART went into bankruptcy and sold their assets, their stock also went up and it was at 12 bucks and now it's at 70 bucks. FTUSQ was at one point 6 dollars. FTUSQ could jump possibly to 25 cents with the right amount of volume and that should probably happen next week. This stock has real potential to be big and volume will make this baby rise. Also after Factory 2 u auctions off their assets, they will still run half the stores. Just like what KMART did in a very successful and smart move.
Posts: 35 | From: Santa Barbara, CA, USA | Registered: Jul 2004
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posted
Just kidding, this is not a long-term hold. This is just a daytrade for next week. I will be calling investor relations to see next week who will bid. You never know, maybe Costco, Target or some other stores may buy these Factory 2 u stores.
Posts: 35 | From: Santa Barbara, CA, USA | Registered: Jul 2004
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Hardboil: If you were holding K-Mart stock at the time of their bankruptcy you would NOT EVER FORGET that the old shares are now worthless and they scr_wed over their old share holders by issuing new shares, leaving the old share holders holding the bag with nothing!!! Take care!
"If you remember when KMART went into bankruptcy and sold their assets, their stock also went up and it was at 12 bucks and now it's at 70 bucks."
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Hi- I am a new member in your message room. I have been involved with the stock market for a little over 9 years. My most recent purchase is a COAL company name PineValley Mining. (PVMCF:OTC,PVM:TSE) The way energy prices have been fluctuating this seemed to be an inexpensive with little to no downside investment. PVM is the high margin, low cost producer of PCI coal who has the ability to sell a large percentage of their production at world prices because it has not been sold forward as most of the big boys have. I believe most of their coal is spoken for until 2005. It would seem to me that this should give pvm a real “leg-up”. Hard Rock Analyst (HRA) has recently published a study on the company. I have found that this report presents the rudiments of pvm and in general the pci market. Also, OTCBB.Com or pinevalleycoal.com has a list of their news releases.The CEO Graham really does know his stuff. I have confirmed his credentials and I believe he is on path to making this mine sing. Aside of the above, the stock is fairly thin which allows for a dramatic increase(decrease) in price with low volume. Me buying several thousand shares may jerk the price up nicely. Imagine if 100 investors did it. I am not in any way advising you or anyone to buy the stock. Although, after reviewing the reports you may come to the same conclusion as I have. P.S. If you believe that what you just read is nonsense then I am sorry to have wasted your time. “TALLOYSER” Posts: 17 | Registered: Sep 2004
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