Hi Klogg. No not at all.
I think there is price manipulation by someone outside the FID inner circle. I have listened to Indy and his CEO on a number of calls and I sincerely believe he is a straight shooter. I also know a number of high profile investors who believe that Indy is running a great business.
But I have watched the daily price movements of FID over quite some time and price movements are all over the place.
Just yesterday the SP rose 52c or mnearly 8% on a barely there volume of 11,153 shares. There are games being played and when that is coupled with very low liquidity then I am out. I did get out but it was a bit of a trial on the day as someone was buggering up the bids.
Anyway I am out now. I would go back in boots and all if the liquidity increased and the price manipulator buggered off.
Cheers....D
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Last
$7.38 |
Change
-0.020(0.27%) |
Mkt cap ! $227.8M |
Open | High | Low | Value | Volume |
$7.38 | $7.38 | $7.21 | $89.34K | 12.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60 | $7.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.39 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30 | 7.350 |
3 | 278 | 7.340 |
3 | 5144 | 7.330 |
1 | 594 | 7.300 |
1 | 200 | 7.290 |
Price($) | Vol. | No. |
---|---|---|
7.390 | 100 | 1 |
7.400 | 3000 | 1 |
7.470 | 200 | 1 |
7.480 | 6041 | 1 |
7.490 | 7514 | 1 |
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