Momentum Players

[jaybird249]

FGFC exploding 18 MM float $.01
http://biz.yahoo.com/bw/060509/20060509005423.html?.v=1

Unambiguous share structure with only 18.6 million shares in Float...

http://www.guardianfinancialcorp.com/corporateinfo.htm

Perfect chart: near bottom with first resistance in the .045/.065 range...

I checked with the transfer agent, there's 157 mill out. It hasn't changed. The website has it for May 1 and the information I got was from yesterday, so they haven't diluted it in at least a couple weeks now. Since may 1 the stock has traded at least 160 mill shares off this consolodation after a little rally, so something is up. Look at the chart. The company lists the float at only 18 mil. I really like this stock I got 50k I'm probably gonna end up buying some more. Hudson is the ask on this thing the market maker HDSN. Something has to give. It looks like the little flagpole patterns are starting to form. They've been consolodating a couple days now. The O/S and market cap are nice. They're doing mortgage and financing, and they're trying to acquire a major lender right now, so we'll see how that pans out. Still the same, this thing dropped from twenty-four cents to .004 had a nice rally up to almost a penny and then has consolodated a bit. Something has to give... The stock has traded almost the entire outstanding since May 1 with very little price movement, and I was able to confirm that the outstanding hasn't changed.