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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » FGFC ROCK BOTTOM PLAY 1.00$ POTENTIAL (Page 40)

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Author Topic: FGFC ROCK BOTTOM PLAY 1.00$ POTENTIAL
plni
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Richby I think they meant buy back.I am glad to see you guys staying up.We will all be blessed with good gains.
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Fuzzy1018
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i meant buyback, my apologies (buyback at .06)
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Vance
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ok, thanks for clearing that up plni and fuzzy!

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Success is having the time and money to enjoy all of life's wonders...

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welk
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Certainly looks like a coiled spring. Any graph chart folks here think so?

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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plni
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Welk chart is certainly ok but would like to see higher rsi and better uptrend on the macd.chaikin money flow index is still ok.I not worried at all at this point.
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plni
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Jimsc whats your take on the chart.I have always respected your opinion on such things.
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welk
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Thanks plni. Looking forward to Jimsc's reply.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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Vance
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Hey guys, I'm off for the day... Don't worry about charts on this play. This current pps is a steal. Sure we might dip back down a little, but pay no attention, I'm loading up more if we do. This is an exceptional play. It may take some time, but we are sitting on potenial riches:) Have a great weekend

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Success is having the time and money to enjoy all of life's wonders...

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welk
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VOLUME! wow! All of a sudden volume exploded again. Would not be surprised if the buyback is happening right now.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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welk
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FGFC mgmt should shock these MMs with a good AH PR confirming that they've bought a bunch of shares. That would send this gapping hard Monday. Would be a GARRRRRRRER!

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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Volatile Puppy
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they wont cause that would drive the price up and cost them more to reacquire the outstanding shares IMHO
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Schwabie
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Yes, and you dont want to buy shares more expensive when you are buying from debt ! This is not a cash purchase..

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Volatile Puppy
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exactly. remember the key words "up to 0.06" How many mm's are on this one?
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madmoney
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when a company does a buyback they are allowed to buy an amount equal to 10 percent of the days volume at the best average bid price per day, these trades generaly happen at or near the end of the day or just after market close.
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welk
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But I think a PR is needed as "up to X amount" can mean 1 share or X amount.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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Volatile Puppy
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Sure are some big orders going through
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welk
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Big voluem. Hope we get that buyback confirmation PR and then PARTY TIME!

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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welk
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If we got a buyback PR confirming buyback, do you think it could run to .05 or so?

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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Volatile Puppy
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that would make my day!!!
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welk
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I would freak out for sure. LOL!

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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Schwabie
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.01 !

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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TINPOZ
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we better get our life jackets out, this ***** is takin in water........

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GOD BLESS AMERICA, THE UNION, AND ALL OF OUR VETERANS!!!!!!!

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Schwabie
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Help I'm sinking ! i've fallen and I can't get up !

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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portman
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RSI plummetted at the OED to 28.335.

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reidler88
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why did this drop down to .01 if there is news of a buyback,

can someone post me the link of the news about the buyback??
thnx in advance,,,,,

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TINPOZ
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something just doesnt jive with this. maybe their putting on the shake so there is less shares to have to buy back is all i can think of. Gotta ride it out though im in at .20.............

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GOD BLESS AMERICA, THE UNION, AND ALL OF OUR VETERANS!!!!!!!

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portman
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I have a quarter of my cash in this one. I am at .019 but it still hurts.

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Vance
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Here is the email I recieved back from FGFCs ir department. The answers to my questions are vague at best but I thought I would post it anyway. I will try to dig up more this week and I will post whatever I recieve.


Please find the answers to your questions below:

Regards,

Investor Relations Team

First Guardian Financial Corporation




--------------------------------------------------------------------------------

From:
Sent: Friday, June 23, 2006 10:53 PM
To: ir*guardianfinancialcorp.com
Subject: I R inquiries...



Salutations, I am a shareholder with a current position of 500,000 shares. I would like to add more because I believe your company has made some very sound decisions to benefit both itself and its shareholders. However, I would like inquire about some concerns I have.

1. Can you confirm the move to the OTC.BB will take place in a timely manner?

Yes, as fast as we can get things done.


2. I have not been able to find any current quarterly or annual earnings reports, do annual earnings support the current pps of FGFC.PK ?

We are working on them as we speak.

3. Was the reason for the 11 to 1 forward split a) to aid in investor confidence b) to allow FGFC to purchase cheaper shares under the share buyback plan c) to better support current pps once you become a fully reporting company under the OTC.BB.

In the beginning we only had a very small float so the company’s advisors recommended a forward split to get the company recognized.

4. What is FGFCs 1y target pps estimate?

I cant speculate on that sir


I hope I have made a sound investment in your company and your response and attention to this matter are greatly appreciated.

Regards,

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Success is having the time and money to enjoy all of life's wonders...

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welk
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Well my wife and I visited Niagara Falls today and I decided to drive by Woodstock to check it out, since it's only about an hour and a half from Niagara on the Lake and the falls themselves. It is a very beautiful and extremely lush town with "two interchanges" -- the Canadian equivalent of exits, along the 403 and 401 highways. The 403 highway became the 401 right at Woodstock. I kept thinking it would be a great place for a golf course type resot, given its green nature. Don't know if there are any plans for this. It also would be a great spot for a big business, like a wal-mart, for example, imo. Seems like a good spot for a hotel/casino as its location is between Detroit and Toronto. Think I'll buy more Monday maybe.
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The Bigfoot
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Sorry to say gents but you might have to wait a bit before your pop.

Going only by the chart (I know you have news that could create a reversal) but going only by the chart I don't see any signs that you have bottomed out yet. I'd say .008 isn't out of the question.

I'll be watching it. Once it does show signs of a bottom it could be a very good bounce play...especially if any of the news you are expecting begins to look like reality.

BF

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No longer eligible for government service due to lack of tax issues.

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32counter
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I got in this at .031 because I like to use my 20 minute delayed quotes at e trade to run around and buy things at their pinnacle, and then sit at my computer and wonder what happened.
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SYGY
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hoping for better days on this one!
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Egg Inspector
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someone tell this idiot newB what RSI is .....please?
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The Phat Man
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quote:
Originally posted by Egg Inspector:
someone tell this idiot newB what RSI is .....please?

Relative Strength Index - RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered overbought and values below 30, oversold. When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal.

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Cashing checks in two forms: Money and Reality

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The Phat Man

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Egg Inspector
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I understand everything up to

"When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal."

then you lost me. translate the above sentence, please i.e.'diverge from price action'? and 'trend reversal'?

Egg

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