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Message: FNC

FNC

posted on Aug 15, 2008 08:30AM

It appears that FNC is suffering form the same malaise as PRB.

During PRBs drill program we watched our sp go sideways and then drop. Very unusual.

Usually when the drill hits the ground, the speculation builds and the sp spikes. This did not occur for Probe and so far it appears that the same is happening with FNC.

The funny thing IMHO is that I would not be surprised to learn that many of those who dumped PRB, went right over to FNC and plunked their money there hoping for a better NR.

I think there are some unhappy investors. Batting averages take a heck of a beating with these markets.

I wish they'd hit something. It would only improve the $$ of that whole area.

Don

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