FLRE closed 30% higher today as the stock continues to move itself out of oversold levels. Volume was strong as was money flow and the stock has excellent momentum heading into the weekend. With the 50DMA at $.16 and the 200DMA at much loftier levels, there is a lot of room for this rebound to go. To those who took the chance at $.008 on my blog posts and tweets, congratulations on the rebound. Nothing is certain in this market, and its always nice to see a stock rebound for my readers and subscribers. I do think there is potential for more gains, and FLRE could see $.02 or better in the short term if this bounce continues.
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