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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.35-0.6%Dec 5 9:30 AM EST
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To: Trader J who wrote (20131)9/8/1999 2:07:00 AM
From: JADE   of 56535
 
Look into FOGC - from tomorrow on, that's all I will say:

Here is some DD from PennyStockPicker:

I had a great talk with the company today and am satisfied to go into this stock tomorrow on what I heard. They were pretty vague on the real goods but did say a very impactable release will be out shortly. The PR groups are also in line, and two European funds are also geared to go into this stock at there price levels. Where these levels are obviously were not spoken of however I know we will see serious price appreciation very soon with this stock. The reason for the funds interest and the interest in FOGC from seious investors is simple: they have the goods and will be in production by the end of the month. If you crunch some numbers you will see what even 3000 b/o per day will do to their bottom line. They have their own extraction teams
and have worked out all glitches and contracts with the appropriate governments. Also they confirmed they are debt free and have cash in the till.

Of other interest, the stock has been under accumulation of late with almost 97% buys. If this is not a good sign of both investor awareness ina good project and management that is committed to the long term
success, I do not know what is. FOGC is one now that I am comfortable investing into and will get my group together in the morning. If you want a play that will give you plenty of upside with a stable base, this one's your winner.

I would suggest a short term target of $3 share doing the calculations, which by the way were not given to me directly from the company. The above are all opinions of mine taken from a detailed and informative talk with the companies directors.
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