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Bullboard - Stock Discussion Forum FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."

NDAQ:FRP - Post Discussion

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Post by matthew77 on Jan 24, 2007 5:30pm

Gold

Something is happening with gold and a MAJOR breakout appears imminent...this WILL move FRP back up in a hurry....nice bounce off the 50-day M.A. which has held nicely for a few months now. One can make a strong technical case that FRP's correction is over after 2 days...but we'll see what happens tomorrow. The last couple of days with FRP have been so bizzare and things come in three's......so the wild activity may not be over yet, on the upside hopefully. What will tomorrow bring?????
Comment by poserv on Jan 24, 2007 11:35pm
matt i liked the idea of you selling at 80 cents but buying back in at 63 cents....?? you're brave
Comment by poserv on Jan 24, 2007 11:39pm
i mean if you're doing this buy frp stock in small batches to protect yourself against price fluctuation,
Comment by matthew77 on Jan 25, 2007 1:25am
I bought FRP for the long term because I am completely convinced this is going to be a very successful company financially with Perama Hill and of course the uranium play in Peru. $3 minimum this year. I just saw an opportunity the other day from a purely technical perspective that was too good to pass up, and I got a little lucky in the process. So I got back in today at .63 after dumping at ...more