Something's wrong, folks...Broken down on the charts, IMHO. Closed out 75% of my position today, after buying back in at .63 last week following sale at .80.
What is particularly disturbing is FRP's drop below its 50 day M.A., for the first time since its advance started last fall.
I am definitely now waiting on the sidelines to see what happens next with regard to Greece, Peru and Dixie Creek. I suspect, but I don't have definitive evidence, that there are further delays in Greece permitting. At a time when this stock should be rocketing, we are going in the wrong direction. Doesn't make sense. Hence my very defensive posture. I will not be buying on further dips until I see news from the company. I fear we are headed to the 50 cent area real quick.