posted
Am I the only one that is holding FGFC ? Is there something I should know??
Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004
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posted
I spent some time looking at the chart yesterday.. and it is tough for me to make a precise analysis of what will happen next week..
on the BULLISH side, I like the way volume has dropped very significantly as we have seen prices decline last week. it tells me that the last sellers are being washed out.
keep in mind that we have not officially started the uptrend yet, we are still base building after a long severe decline. we are in the accumulation stage. during the accumulation stage you can still have severe retracements.
volume yesterday hit about 2 million shares which was the lowest volume since may 19th.
macd is heading towards the zero line, stochastics are starting to turn up.
i really would like to see us HOLD .007
that is a support level and it is the same level where the mid may decline ENDED.
if we hold .007, then we will take another shot back at the .015 level.
Posts: 261 | Registered: Nov 2005
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I question that we're still in the accumulation phase.
+ The O/S was not what we thougt it to be.
+ The CMF shows sells since May 8th and not buys.
I think a lot of people are still holding (ref the HS M stuff) and that buyers left the market. This means the MMs have had already time to cover, buy shares from the weaker hands.
Just my thoughts.
I sold part at 0.013 and 0.0097, giving me only a small profit. I'll follow this one, but haven't made my mind up to enter back in.
Posts: 749 | Registered: Aug 2005
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posted
Wonder if anyone who bought for .30+ in march are still holding? Hard to call the bottom on this.
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
I've been in and holding. got in at .013 Sure would like to see her jiggle her way back up a little. Hard to have patience after getting stampeded and trampled all last month. My acct is looking pretty bloody. I need some recovery!
-------------------- Success is the ability to go from one failure to another with no loss of enthusiasm. -W. Churchill Posts: 89 | From: Beaumont, Texas | Registered: Feb 2006
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posted
Thanks for your reply. I got killed with SFDE and have a lot tied up in FGFC now so I have been holding and picking up more as it goes lower. When not if but when this takes off I'll be set.This will make me very happy or very very sad. I think happy is how it will go. Thanks again.
Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004
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posted
Thanks for your reply. I got killed with SFDE and have a lot tied up in FGFC now so I have been holding and picking up more as it goes lower. When not if but when this takes off I'll be set.This will make me very happy or very very sad. I think happy is how it will go. Thanks again.
Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004
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posted
I went in at .012, which seems like a horrible idea since its at .006 now, but we'll see in 2 months where it is. Good luck everyone.
Posts: 60 | From: bergen county NJ | Registered: Jan 2006
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Vagabond
