http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=FO&t=LIST&m=27633172&l=0&pd=0&r=0
Stockhouse bulletin board that my Google Alerts turned up ----- dated 11/14/2009
If you are bottom fishing at these levels you have an opportunity to catch a bound off these lows. The MACD is turning higher but it looks like resistance comes in at
.25.
The above is from Lou Schizas, Analyst from The Globe and Mail who covers Falcon Oil and Gas Ltd, who also confirm the stock resistance is 0.25 cents.
21 millions shares were traded last week and there were 3 large finanical institutional were involved in buying large blocks of shares between 0.145 to 0.20
What is the reason of huge buyings by financial institutions?
