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Message: URE

Re: Ryan - FCV

in response to by
posted on Jan 12, 2010 06:25PM

Ryan I was looking at FCV since Brent Cook's recommendation and wanted to jump in too but I was looking at one of their news releases and I know some shares become free trading as of Jan 23rd (http://www.focusventuresltd.com/s/NewsReleases.asp?ReportID=364949&_Type=News-Releases&_Title=Focus-graduates-to-Tier-2-and-completes-Nueva-California-option-assignment-...)

With so few shares outstanding, I'm wondering what pressure that will have on the stock price..again if drilling news is announced before that and the stock jumps it may not have been a good idea to have waited so long, but i wanted to try to see if I can wait for the 23rd of this month to see if I can get a lower entry..ur views on this? i may be wrong in my thinking to wait till then

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