RE: Consolidation
It's hard to say what may happen here in the very short term. You could
see a drop into the '80's (I'm not sure you'll see .75 again), but I
think there's a lot of strength in this market right now. I'm not a
technical analyst, so I find it difficult to predict the very short term
movements in a stock. All I know is that on any weakness in FRP
I'm a buyer and will be adding to my position. This post of mine from
May 20th rings very true at the moment:
+The +traders+ who sell for nickels,
dimes and quarters on the impending move will make a small profit, good for
them, and go on to something else. The +investors+ who understand FRP's
business model and real potential will hang on (or buy more) and really
cash in.+