Franklin Credit Management Corp. (fka FCMCQ)

[analogdog]

Not yet on the chart.... and this one could be dangerous. Franklin tied to Florida mortgage market and a good amount of sub-prime loans and CDE's. It could go under... see TOA, now TOUS, another Florida based home reliant company.... now on the pinks. It will move up if investors are assured of no bankruptcy... or will continue to stagnate.

If investor confidence returns, and we get a white candle with upturn on MACD and AROON directional improvement... we may get a ride up... however, any capital used should be considered risk capital, as this company falls short of being considered an investment.. and holding overnight could be costly if bad news surprises us.

It has 26 more days below $1 until a letter of warning for delisting is given.. so keep track.

This is just opinion... no matter how strong it seems.

Play at your own risk.