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jaimerodriques

05/26/15 1:14 AM

#8 RE: Timothy Smith #7

Hi, Timothy: I am only curious as to why you replied to a post of mine that I wrote some almost 3 years ago? My older brother is heavily invested in FRM, and has been for some 30 years are more, even while they were transitioning through the various companies, but Joe, my brother, is still very much of a believer in FRM, just as he always has been. I would like to be, but at $8 bucks + a share, I simply don't have $8000 to $16000 dollars so as to try & make some gains off of the from anywhere consistent .15 to .25 to .75 cent per share increases every 3 to 5 days, that consistently happen, if FRM is in a decided uptrend. But GOD forbid, that I would get caught up in on of their almost overnight down trends, when the sucker went from about $13 a share down to about $6 dollars a share just a couple of years ago. For the last time that I had a stake in FRM, for trading purposes, was in the spring of 2012, when it began slowly being worked down from the $8.05, where it topped out, down to $3.50 or so, where it FINALLY bottomed out. I sold my position somewhere around $7:50 a share, not wanting to take the chance that it wasn't going to go any lower, the which it did! So, thank GOD that I got out when I did! But, never the less, FRM can be a wonderful & steady & (almost) reliable way of playing the .25 to .75 cent gains, if one could only know how to avoid those humongous & precitous drops, such as occurred in 2013, was it? From $13 down to about $3.50 in a NEW YORK second! My timing may be somewhat off, as I am trying to remember from my 70 year old memory! Yep! FRM is a good stock & company, long haul as well as for short term trading, if one knows what they are doing. GBU. Sincerely, Jaime