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Re: EquityTrader post# 7983

Wednesday, 03/05/2008 6:24:40 PM

Wednesday, March 05, 2008 6:24:40 PM

Post# of 10923
I'll take a look at your board later...liked the bull.
FRPT is not oversold and should not be considered to be until the accounting figures are resolved. If the 16 million profit is for the year then there are serious problems as we will effectively take a -$0.08, loss, in the 4th qtr. At 16 million profit the stock is worth just north of $2.15.
JMO
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