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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » FCPG .008 Bargain Basement !

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Author Topic: FCPG .008 Bargain Basement !
Guy Tough
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This one looks too good to be true way down here.
Another low floater! This is the share structure according to Yahoo...

OS = 122.34M
Float= 27.89 M


http://stockcharts.com/h-sc/ui?s=FCPG&p=D&yr=0&mn=8&dy=0&id=p76400717305
Posts: 292 | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
mindspin311
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Just to let you know of the typo. Might want to do a new one with FCPG
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Guy Tough
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thanks mindspin I caught that and corrected it. I picked some of this up today. Looks tasty!
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skip
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I don't think it's too good to be true. Go check the filings, they have dilution filed to more than double the current o/s. Not to say it won't run, but I would check the filings before investing...

http://www.pinksheets.com/quote/filings.jsp?symbol=FCPG

Personally, I would wait for it to get more oversold before I bought in again...

Perhaps you would maybe want to use this thread, has lots of DD...

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/8/t/025368.html?
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Guy Tough
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Hey thanks for the thread skip! I originally had
the stock symbol wrong, so it's possible that's why I missed the thread.
I guess most of these pennies dilute to some extent from year to year, but even a double on the O/S for this stock is still very playable.
I guess I'm looking at this almost solely on a technical basis. There is a definate bullish volume for the past several trading sessions.
Trust me it's not diluted enough to hold up a good run, which the chart is leaning towards
IMO.
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