GREY:FTPLF - Post by User
Comment by
OptsyEagleon Dec 31, 2010 10:09am
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Post# 17910611
RE: who is pummeling FTP
RE: who is pummeling FTPUnfortuneately it is just retail investors trading this thing today and yesterday. They are not always the brightest bulbs on the tree. Many still believe they can "take profits" so to speak, forgetting that whatever they sell, they need to find another stock with a better potential future for this money or it ends up that all they did was "create a loss". It's doubtful that they will find anything better then FTP.
The institutional investors are currently on vacation so whatever the retail investors do to this stock today, they will more then correct it when they are back at work on Monday, as they look for something that will propel their portfolios in 2011. I doubt they will pass up FTP.