Tuesday, January 31, 2012

FFN - Simply Perfect

I really couldn't have asked for a much better performance out of FFN. Sure the stock could have rocketed over 200% the day I alerted it, but that takes all the fun out of it. Having to ride the daily dips, trips, and hurdles of a stock that has been shorted almost to death makes it all worth it in the end.

Back in December right near FFN's all-time lows of $.51 I wrote a post entitled "FFN ready for a short squeeze?" This is what the chart looked like when I wrote that article:



I wrote about FFN many times after that as the stock slowly creeped higher, I anticipated a run to at least $1.20, even when this was a $.50 and $.60 stock. It did that and then some hitting $1.52 today. Simply perfect.

Here is what the chart looks like after the close today, anyone who decided to buy FFN after my December post is sitting on some very nice profits:



I know many have made quite a profit on this stock, including some of my subscribers. There is nothing that makes me happier than my readers and subscribers making substantial profits. While FFN could still see more gains, most notably a push back to $2.00, wouldn't have been nice to be in this stock at $.50 or $.60 or $.70 like many of my readers and subscribers?

I even wrote about this stock last week and annotated this chart. You still had a chance to make some very nice profits from this stock then. I couldn't have been anymore right about this stock:



The next FFN will come, and I will be just as happy watching them profit from it.

2 comments:

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