RE: Exciting news.... Imminent !!
Alex01, thanks for the compliment!
There's been a lot of insider positioning on FRP over the course of the
past couple of weeks, and substantial accumulation prior to that as well.
The stock is tightly held so any selling on the upcoming big move can
be reasonably controlled.
I've heard from very reliable sources that some significant market
players (U.S. and Canada) are lined up to step into FRP when it
crosses $1.00. This is when you can expect some fireworks to begin.
Some more loose stock will be cleaned up and the float continues to
be tightly held. It's important to keep in mind that these players
aren't stepping in after $1.00 to sell at $1.25 or $1.50 - they're
looking to sell at much higher prices.
This is a company with good things happening and a company that
understands the market and the importance of its stock price. Some
very intelligent people are involved in this project and a lot of
careful planning has taken place, on the corporate side and on the
promotional side.
I've been involved in the market a long time, I've seen some pretty
amazing things, but this is clearly one of the best situations I've
ever come across.