Dave: Yes, FNHC does have that feel to it, dosen't it.
I am sure there are many Daytraders in the stock still, but I would be willing to bet that the majority got out Friday. Two day weekends scare them enough, they had to deal with a 3 day weekend!
I am sure daytraders will be playing the stock hot and heavy Tuesday. I am SURE it's going to GAP BIG, Maybe HUGE.
I have a strong feeling that this stock is MUCH more then just a daytrade though. As you said, it has that feel to it.
Check out some of the Many Links posted on the FNHC thread, if you have not already. It gives you that feel!!!
Can't be shorted till the day AFTER it rises to apx. $5. < I know , I know, a few can but MOST cannot >
Most brokerages will let you margin LONG at apx. $4.25
At $2.42 a share now, it is only $1.75 away from being able to BUY LONG on Margin.
At that point the AFTERBURNERS MIGHT REALLY kick in. IMO
You in yet? Going to watch and decide? Jump right in?
I am already in the stock but I will take a small amount and try daytrading it, but at the end of the day I want to be IN the Stock!!
If it turns out to be just another daytrade/ 2,3 day trade, I will be fine! If this stock really takes off, I WILL BE IN THE STOCK! And smiling BIG all the way UP.
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