Defender,
Perhaps my post was not clear. The SIOTW article came out on May 27. On it, Chuck mentioned the following:
"On Monday, the company was touted in a press release by Dion Friedland, founder and past president of the Hedge Fund Association, and chairman of the Magnum Funds"
The Monday mentioned in Chuck's article, is the 23rd. SIOTW claimed investors reacted to the news by Mr. Frieland. My point was simply that the stock price plunged, in contrary to Chuck's presumption that investors were buying based on the news.
I contacted chuck and I await his response.
I have never posted here. I came across this on yahoo searching for International Fuel Technology. I am a business owner with offices in Ft. Lauderdale, NY and Detroit. I will be visiting IFUE's office in the next 2 weeks to check out their operation and meet with some of the staff. If anyone is interested in knowing more about IFUE or perhaps share some insight beyond the scope of this forum, please contact me directly and I will give you my phone.
Regards,
RDS