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FreightCar America Inc. Message Board

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  • pirates144 pirates144 May 29, 2008 5:29 PM Flag

    My Thoughts on a Possible Reason for The Move PART 2

    How's this. The stock is up because there are more buyers than sellers and they are willing to pay more $ to accumulate more shares. That is the bottom line. The reaons they are willing to pay more I'm sure are varied and a combination of many things. Included would be all of the reasons in the posts below. Note also that it has been on some "breakout" lists too. It has been on the NASDAQ "unusual volume UP" list at least twice that I know of. This has been a nice move, no matter the reason. It is really at a crucial point now. It will cosolidate at these levels. It close above the Nov highs and that is a great sign....

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