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Re: itsmikie post# 1320

Wednesday, 01/18/2012 4:37:21 PM

Wednesday, January 18, 2012 4:37:21 PM

Post# of 1525
That's preTake a look at FTWR. I had it sitting in the .21 area and it went up to .5199 on Friday HOD ended .38# I think and Tuesday to .59 and has done a 50% fib retrace. DPS says it was purely a chart play and might go to .25-.26 before it runs again tomorrow. It had a trading range in the .30's before the .20-.22 range as of late. I think they have earnings on the 25th but I haven't verified it as we've been waiting on last quarters release and an interest payment they missed for 1.3 mil that was mid Nov 15th I believe and 30days Dec 16th news took us to the .20's range. We ran almost 100% the day after we touched .15 and over 120% Friday. I'm in it for over a buck as I expect they will make the interest payment after a debt refi and that is the 'news' I've been holding for. I had 64K shares under .23 and flipped my ROTH IRA 14K to another stock and sold 25K for 'freebies' however I bought those back today .35 or so and my avg. is under .30 still. Might be a 'watch and see' if there is a dip and then bounce or DD and see the risk/reward possibilities. ENER just made their interest payment and is over a buck. FTWR has 180 days to get and stay above and with the 'news' I HOPE we get soon I see no problem with that happening. Check the 8K on 12/30/11 for more info. Good luck Island peeps. big smile


BK is a possibility but I think they would have BK'd a month ago.
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