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trade4proffits

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trade4proffits

Re: None

Monday, 07/09/2012 12:24:12 PM

Monday, July 09, 2012 12:24:12 PM

Post# of 244634
I have a question about what Beta is exactly on a stock I played and recently sold. I am trying to understand what significance it plays if any. I cut and pasted the entire story.

"Friendly Energy Exploration (OTCBB: FEGR) stock closed its trading at $0.0035, up 94.44 percent from its previous close. The stock recorded the volume of 86.49 million shares, in comparison to average daily volume of 6.01 million shares. Friendly Energy Exploration has traded in the range of $0.02 and $0.09 in the previous 52 weeks. The company's market cap stands at 449.11K and the stock's beta is 1.7."
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