2morrowsgains...FTK...I don't know how many shares Palo Alto owns. Awhile ago they filed the SEC statement showing they own 858K shares and their Energy Fund owned 474K shares. We'd discussed that before. Now Nasdaq shows 1146K shares for Palo Alto for 6/30/06 but doesn't show any listing for the Palo Alto Energy Fund. So you've got me what is going on.
I think earning should be solid. I'm disappointed in that there hasn't been any more news on their very large acquisition possibility. I think FTK got ahead of itself at $30, but the retractment to $15 was crazy. I like FTK longterm. I don't think of it as a trading stock due to the low average daily volume. More of one you buy and forget about for a year or so.
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