re: nigerian chain letter ??? kahuna1...Not sure why you are so...

re: nigerian chain letter ??? kahuna1...

Not sure why you are so anti CFR...especially if, as you say, you "Don't know much about the company except for the first report I read..."

I'm not saying I agree or disagree with you, just that you seem to have a very strong opinion on CFR for somebody that deosn't know much about it.

I have already posted my feelings on CFR, so wont go on about it again...but from a traders point of view, I can see an opportunity comming up...

My guess is the underwriter may wish to off-load some of his new shares, so I suggest you keep an eye out for increased buying activity in the near future...as the underwriter manufactures something of a rally in order to get out.

Typically, I would expect them to try to push the shares through previous resistance points, perhaps topping out in the mid 5's.

CFR may not be a good investment, but it's still a pretty good trade!

Cheers!