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Ward, big money does not want your shares here. Big money won't even come into this stock until it is again above $5.00. This is the end of tax loss selling, and a few folks who want to convert a few warrants into shares and sell to buy some nice presents. After all, they only paid $.35-$1.35 for the warrants anyway. There is some support for the stock at $3.50, if it can hold. Otherwise you are back at $2.00. With the market being crushed, holiday buying time, vacations in Cancun, noone is looking to buy shares in little Franklin. Even a major carrier deal announced today would go unnoticed, so please Frank, don't bother with it today. Low volume, no interest. Without news, and this stock is still almost totally news driven, we can continue to drift lower and lower, until after Jan 1st, when tax loss selling is over, and 30 days has gone by, to Frank releases some news that is really great. Even then, you can tell when the news will make some difference, it's in the volume. And you will be able to tell, before the news comes out, just watch the volume. After all, as you all know this is a "speculation", for the long term. It's a Maalox day. turn off the machine and go bake some Xmas cookies. |
