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Replies to post #2787 on The Floridian Boys

Replies to #2787 on The Floridian Boys

JohnnyWinter

01/21/10 11:16 AM

#2788 RE: loniee #2787

I would imagine that it would follow what most IPOs do. It should go up for a short period (days) before it starts to fall.

Whoever was their investment banker will have the market makers run it up atleast for a while so they can sell their shares for a healthy profit imo.

JohnnyWinter

01/21/10 11:18 AM

#2789 RE: loniee #2787

CTZN is another one that might be worth a play.

See how it reacts here around .57, and if it hits .56 (around the 100-day SMA) and bounces up (which I think it will) it should move enough for a healthy gain imo.

If you have some cash laying around, put in an order at .57 and imo you should be able to sell for atleast a 10% gain very soon.

JohnnyWinter

01/22/10 1:33 PM

#2797 RE: loniee #2787

JPM needs to hit 39.70 before the markets will turn back up imo.

It hit 39.73 and has made bounces, but it needs to hit 39.70 to really test it.

BTW, CTZN only has like 8 million shares outstanding and 1 million of them are short, so I stick with CTZN to make a move real soon. There is support at .55 imo , and that thing could turn on a dime.