TSXV:FCO.H - Post by User
Post by
jon8034on Feb 12, 2006 9:24pm
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Post# 10356442
BFS should be out next month
BFS should be out next monthIf the longs are correct as the BFS nears, this stock will build, and when it prints, those wanting out will get their exit point. Will probably keep it down for a while as there are alot of shares that will want out by .70 - not only those that are taking profits after coming in at .17-.35 but also those who have held on to find a break even point. It will probably take awhile to work through them all - look how many had to work through to get from .30-.35!
If others are correct, the BFS will come out and there will be no interest and the stock will just lay there. Personally I have a problem seeing 400-600million left on the table by the market - but evidently others on the forum do not.
Well, soon we shall see which way the wind blows - eh? As we near the date the speculative short money should be moving back in - if it does, look for this to build back up to .42-.44 IMO if that happens we are looking at the new floor.