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CSykes

07/17/06 1:33 PM

#1829 RE: RonnieD #1827

Who says they are not ??....

Notice the volume on the chart... we are in a slight uptrend on almost NO volume. Smart traders and investors will "accumulate" on the bid. Buying on the ask would only serve to drive the PPS up. So even tho it looks like that nobody is buying large amounts of stock. Doesn't mean they are not on the bid sucking up shares.
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digiwench

07/17/06 1:33 PM

#1830 RE: RonnieD #1827

It is...and I've often found that "The Market" seems to know ahead of time all relevant facts about a stock's value.

One thing for sure, you can't fight it. As John Maynard Keynes said:

The market can stay irrational longer than you can stay solvent"

However, to play devil's advocate here, consider that there is also an escalation of war in the middle east, and that is depressing markets around the world. The cause for the lack of buyers may not be anything to do with FHAL.

Also, as I believe you yourself said, people are looking for confirmation of certain facts, and are still digesting the DD.

This is good news/bad news. However, if we begin to see a pickup in buying , it means that investors have digested the information available, and have decided it is worth staying long. Those buyers will be much less likely to sell. We are no longer attractive to daytraders...which is good.

IMHO!

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Doniboy

07/17/06 1:35 PM

#1831 RE: RonnieD #1827

I agree Ron, buy pressure should be more, but like we discussed many people are nervous because they have been screwed over in the last few months. Also, the allstocks board informs me that there is a lot of money bouncing around GFCI (almost 5 million volume) right now. Who knows, maybe other plays are affecting our volume.
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thehavenots

07/17/06 1:37 PM

#1833 RE: RonnieD #1827

that is a legitimate question, because it would not be spreading inside information to tell everyone about this opportunity, i think it may be safe to assume, that the stock is not going from .2 to 15. --or then again, maybe everyone they wanted to tell about it already bought? Maybe a lot of people who bought at .30 are not worried and just holding? Maybe everyone is waiting for people to catch on when prices are higher?

my question is, what does Wall Street think about this stock?

HAVE


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Dimension

07/17/06 1:49 PM

#1834 RE: RonnieD #1827

it's not such a sure thing...

you are seeing people who are vested, some who bought near the top last week, talking themselves into believing it is a sure thing.

Fact is, rufus has a history of this type of thing...claiming out rageous book value based on these south american low grade bonds.