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  • bluebloodedtrader bluebloodedtrader Mar 12, 2013 10:25 AM Flag

    size of the tape and high relative strength

    FSYS is bucking the trend today. being up with the nasdaq down. It also is showing a strong size of the tape, as I saw a big buyer earlier, willing to purchase a 15,000 share block. This appears to be a sign of classic accumulation taking place. A run to $17 today would not be surprising, especially with such a low float stock. and the prospects of more short covering.

 
FSYS
7.170.00(0.00%)Jul 7 4:00 PMEDT