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FFN stock up 43% today
Up to $2.10 @ close.
Anything I miss recently as to the sudden jump? They announced a cost cutting initiative in late Jan but the stock didn't start jumping until a week later. |
FFN stock is the FriendFinder Networks stock. It is going up quite a lot. As you can see, the stock almost doubled in a week. What caused the growth is unclear.
http://app.quotemedia.com/quotetools...lse&chton=some |
Idiots are buying FFN due to the Facebook social networking hype. Others are covering short positions. Everyone should look at this as a 2nd chance to short this piece of shit as soon as the Facebook IPO starts trading.
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buy cheap, sell it high
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i think its more like insiders buying stock to keep the price up so they dont get delisted
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Manipulation. Prob a fund looking to play daytraders like a yoyo.
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They got a favorable analyst report on their cost cutting initiative, and the facebook listing
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the other week someone said to buy...shit :(
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Sell and fix the profits lol :D
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I love FFN :-)
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Will76 inconsolable
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Up 400% in the last week.
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ummmm, just a shot in the dark here but MAYBE it could be that the market is slowly starting to realize that just maybe it's a good company.....
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They are lowering cost + the facebook effect .. people are on a hype ... I hoipe some of you bought at 0,70 +300% !!
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Good, it seems they have a flexible backbone
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It went down to operating free cash flow, at $1, and that is a good defensive position for any stock. If there are numerous shorts (and that seems to be the case) they may be covering as well. If they addressed the debt in an intelligent way they would probably get anther pop. |
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Fact is, people are realizing it's a good company..... |
Just got a nice phishing attempt saying to signup an exhibit attached file to get a facebook release...
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I am not seeing a 43% jump...
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How does FF take billing? I mean a sex dating site must have a ton of chargebacks.
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I can't wait to hear about the lawsuit for share holders.
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