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The Virtual Cat

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The Virtual Cat

Re: None

Tuesday, 03/11/2008 1:45:41 PM

Tuesday, March 11, 2008 1:45:41 PM

Post# of 10923
I suspect some institutional holders are cutting back or getting out completely. It's one thing for them to own a $24 dollar stock where the company keeps getting new DOD contracts but quite another thing to have a $2 penny stock that's dropping each day and facing a lawsuit.

In any case, FRPT hit my stop loss today so I'm out (capital preservation is the name of the game). Of course, that usually indicates that the stock will gap up dramatically tomorrow so you may be thanking me. LOL

Good luck to all!

=^..^=


Cats are intended to teach us that not everything in nature has a function. - Unknown

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