Post by
matthew77 on Feb 10, 2007 8:03am
Impressive
I must say I'm impressed by Friday's move, and this is certainly bullish entering Monday with resistance cleared in the 80's. I still have stock so I'm chearing with the rest of you longs, though obviously my earlier prediction of a drop blew up in my face. This only goes to show you that "timing" the market is always a risk. Nothing is ever a sure thing.
Peter's presentation at the Richmond Club Wednesday must have triggered this fresh buying, and this is something I just didn't expect. But that's a good thing, and I guess now we have to examine where the resistance is on the upside with this breakout------I expect probably around the $1.20 level.
Good luck to all, and continue to keep an eye as well on AMC.
Congratulations to Peter for what must have been an excellent presentation Wednesday. There's doubt the FRP is working hard. There are challenges ahead but I'm sure over time they will triumph over them.
Comment by
thasis on Feb 10, 2007 5:55pm
Hats off to you Matt for acknowledging and also being man enough to admit it. The world as I know it would be a better place if those characteristics were praticed more often.
It does not appear you made a bad move Matt as Alexis was up 20% yesterday too.
Good for you.