I was expecting a retrace at some point purely due to people's urge to profit take after such a great run. But this is really something else.
If there is nothing else to know outside of FGE's announcements then they are still clearly undervalued, even at $2.50.
I suspect that alot of the selling has been triggered by profit downgrades from similiar companies. See WOR and NOD. Both have reasons for their downgrades that don't impact on FGE, but that won't stop the knee jerkers.
FGE Price at posting:
$2.10 Sentiment: None Disclosure: Held