GREY:FNKLF - Post by User
Post by
Triggermanon Aug 22, 2007 4:27pm
346 Views
Post# 13285827
Nice close. Volume lacking?
Nice close. Volume lacking?
Nice close , and an excellent swing trade is working
itself out methodicaly. (.15-.20 more cents and I'm out. Yes, I will leave the homerun hitting for 80% to the perma bulls here).
FNI was bouyed today, not by any changes in the company , but simply the fact that metals are leading the charge on the TSX.
Volume was just average today. An 8-10 million share day
would attract the right kind of attention to this stock.
A 25 million share up day might change my mind of only taking 25% gains here and possibly holding on for a little more. But if we rise to the $1.00-$1.15 area on low volume I will exit immediately.
Good luck all , FNI isn't going back to $1.90 but there will be a decent exit point in the short term to lock in profits or pull out
with a smaller loss for those who bought at the top.