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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Christopher Loe who wrote (19060)	12/17/2004 12:39:33 PM
From: isopatch	Respond to of 108758

Chris. Yes, FRD is one of my best performers in recent months. Started buying @ $6.26 and averaged all the way up to $6.49. Not trying to trade it, at all. Looks like a multi-bagger. Perhaps a BIG multi-bagger depending upon how much sponsorship it attracts on the street. Classic pattern for an attractive small cap, like this one, is for small boutique research houses and independent analysts to begin recommending it as the strong primary trend continues to the upside. The the mid to larger size outfits chime in later, usually at much higher prices. FWIW, fully expect to see that sequence play out in the months ahead. Enjoyed the same kind of ride quite a few times in recent years. Trick is not to trade out too soon. Don't always get correction to buy it back. Been there n' done that TOO:o) Isopatch