Technicals Shnechnicals!
1. Can't get better technicals than a two year cup and handle breakout. Should go to at least $8.00
2. FR last traded at $6.00 in March of 2007.
Here's some data for your consideration....
3. In 2007 Ag was trading at average $14.00 - NOW $20
4. In 2007 sales was $13 million for the YEAR... - Latest QUARTER was $13 million sales!
5. In 2007 DEFICIT was $27 million (.17 per sh) for the YEAR... - Latest QUARTER INCOME was $10 million (gain $.10 per sh)
I couldn't get the resource numbers for 2007, but guess what, they're a LOT higher now than they were then!
So if U can't see that the current stock price rise is because of the extremely low valuation FR was trading at, then you need glasses. The numbers today are 10 times better! Profit versus Loss. Black vs Red.
No brainer.
lotus petals,
gildage