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Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > .99 cents or less coming!!!
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Post by narmac on Jun 09, 2010 11:32am

.99 cents or less coming!!!

I don't see much support above the $1 level here at the moment.  Yeppers ,,FIU is sure a head scratcher! Up is only one possible way for this mutt dog!
I think some either know the earnings numbers, or its just the lack of interest in this equity.
Maybe part of both.

heres to a glenfiddich and some good numbers on their future!


glta

narmac
Comment by lefmike1 on Jun 09, 2010 12:12pm
Narmac,I have wondered the same thing when this thing drops,  but I doubt anyone really knows what's happening,  I think it's just nervous little guys like you and I who are selling now and they are being picked up by the bigger fish.The numbers can be as bad as they want,  but holy crap buddy,  look at the number of shares actually selling.less than 500 ...more  
Comment by narmac on Jun 09, 2010 12:32pm
Just the level II on market depth indicates sell pressure. Level 2 Quote Market Maker Shares Bid Price Ask Price Shares Market Maker -- 6,700 1.070 1.080 5,200 -- -- 4,700 1.060 1.090 2,100 -- -- 3,800 1.050 1.100 ...more  
Comment by narmac on Jun 09, 2010 12:35pm
My point being FIU will certainly be below the $1 level before earnings release in my opinion. And well below that level if they are delayed 'till later in the month.jmho
Comment by lefmike1 on Jun 09, 2010 1:06pm
I sure hope you're wrogn there good buddy  but all indications are that it appears to be going further into the toilet.Man  those  knowledgeable investors who helped prop this up not less than a month ago to the tuen of 100 plus million  are already down 30% but not really as they don't mature until 2012 or 13. and by then who knows eh?  This stock as many prior ...more  
Comment by uranicynic on Jun 09, 2010 1:56pm
The last thing I want to do is be a cheerleader for this share but let's keep things in perspective. There are  a number of things that could be positive for FIU and it could be known early next week. The companies like Simmer and Jack and GLW have had a much closer look at things than a private investor can ever have. If they're not panicking than the smaller investors shouldn't. ...more  
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