Presure from shorters... Can go both waysWe may see some presure from the shorters to try to keep FNI in the penalty box.... resistance to blow through $1.60....
Support in the form of a news release of additional holes, Production tonages being met, or sucessfull exploration drilling could squash them as they would be forced to cover on a run... The additional buying presure pushing through the $2.00 barier...JMHO
Just enough shorted shares to add fuel to a fire..LOL
Short History
Symbol Report Date Volume Change
FNI - T 2007-05-15 2,889,450 -318,450
FNI - T 2007-04-30 3,207,900 884,300
FNI - T 2007-04-15 2,323,600 1,106,600
FNI - T 2007-03-31 1,217,000 -523,500
FNI - T 2007-03-15 1,740,500 754,000
FNI - T 2007-02-28 986,500 -307,000