GREY:FNKLF - Post by User
Comment by
Tradesmanon Apr 19, 2007 8:49pm
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Post# 12642999
RE: Shorts To April 15
RE: Shorts To April 15After correlating the short positions with past stock charts, I have concluded that they don't have a particularly big effect on this stock. It trades zig-zag in any case and maybe the shorties just like to trade the swings in both directions - if so, good luck to them!
FNI - like most metals stocks - is still in an upward trend and with Chinese GDP running wild, I would expect this trend to continue for a long time.
To quote the famous Mogambo Guru (TFMG): buy gold, silver, oil, metals (actually, I'm not sure he said metals - but nevermind).
Anyhow, IMO we are in a commmodities super bull market - but do your own due diligence, of course.
Good luck to everyone!