FO to 20c and WHY>> Tax Loss selling season sSept/Oct/nov/dec is tax loss selling and puts further pressure on FO as FO started in Jan 2007 @ $3.50...today we are at .62c..
Tax loss selling means that people sell stocks that we losers during the Sept/Oct/Nov/Dec period....The smarts ones start early in Sept to avoid the carnage in Oct/Nov.
STAY AWAY FROM FO...may you RIP!!
SUMMARY:
May 22 $3.98$ August 9 .60 cents...WOW the market has spoken and PUNISHED Marc Brunner!!