GREY:FNKLF - Post by User
Comment by
Triggermanon Jan 17, 2008 12:23am
504 Views
Post# 14216122
RE: My feeble mind cannot understand
RE: My feeble mind cannot understand Man... mutual funds do not invest in .60 cent junior
mining penny stocks.
Private equity , offshore quick turnover financing companys
and large private player investors are what is behind each and
every move in FNI's share price.
The basic strategy? They run it up , they run in into the
ground , then they pull off a huge reverse split (Thereby making any long term shareholders shares almost worthless) , then they refinance and repeat the steps.
Tahara is a perfect example of how this plan is executed to get
a junior off the ground.
If you are an investor you should not be here....you should
be in large , well established blue chip plays.
I've said it 50 times on this board.... FNI is for TRADERS not
for investors.
Anyone who thinks any credible mutual fund
invests their clients money into FNI should not
be investing their own money.... just buy and fund and
take a few years to educate yourself before you blow you capital.