Thursday, May 20, 2004 12:51:16 AM
teamlasvegas re FXGP (chart)....
I still think FXGP is somewhat below the radar. There's very little chatter about it on the boards...and until just very recently no news whatsover. Check the chart out...
Volume went nuts in January with about 1.5 billion shares reported trading for the month. Without any PRs or paid promoters hyping it I doubt it was Joe Retail buying for the most part. In January IBZT had all the buzz with their virtual keyboard...and what seems to be virtual shipping.
Anyway it looks good to me...but until it starts getting some real play it's in the hands of the MMs as far as I'm concerned. I bought some more @ .00680 Wednesday morning...and I won't be at all shocked if volume is light and it's walked down below that. Gotta love the OTC.
I still think FXGP is somewhat below the radar. There's very little chatter about it on the boards...and until just very recently no news whatsover. Check the chart out...
Volume went nuts in January with about 1.5 billion shares reported trading for the month. Without any PRs or paid promoters hyping it I doubt it was Joe Retail buying for the most part. In January IBZT had all the buzz with their virtual keyboard...and what seems to be virtual shipping.
Anyway it looks good to me...but until it starts getting some real play it's in the hands of the MMs as far as I'm concerned. I bought some more @ .00680 Wednesday morning...and I won't be at all shocked if volume is light and it's walked down below that. Gotta love the OTC.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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