Savvy Trades and Investments

[zenvesting]

FCCG: Nicely played Nelson, this buyer has had an interesting approach, steady accumulation on the bid began Tuesday, then Thursday afternoon it looks like they just decided to throw a $250k market orders at the stock....let it settle down, then repeat, and again, and again. They appear to have conviction and deep pockets....we'll see if they're back at it next week.

Maj at GEOInvesting doesn't know where it's coming from either, but made a good point that enough bankers have gotten a good look at FCCG's books for the financings for their acquisitions....so aside from the fact they're able to secure these loans, maybe Fog Cutters books are in better shape than others in the market assume.

For better or worse, I'm still holding all my shares....we'll see what next week brings....but I think there's still enough meat on the bone there to hold out for higher prices.