RE: american bullXXXXClearly, I think, this was a false signal, over a very slow 2-day trading period around a U.S. holiday. They are accurate most of the time on their buy and sell signals, but notably they have been wrong on some other FRP sell signals in recent months.
This particular sell signal simply did not jive with other technical indicators which are very bullish on FRP at the moment, including a reversal in the 10-day moving average which has been in decline all of May----until now. Something is up and I believe we'll see further strength in the days ahead.
All has been quiet recently on the news front regarding the gold project in Greece, but I've been doing some investigating and there's lots going on here to get the final permits we've all been anxiously waiting for. My sense of the situation is that something is imminent, and as soon as the market gets confirmation from FRP...look out. I bought more at .50 yesterday and I'm as long and bullish as ever.