I'm new to the board and I could use some help. Why does it seem so hard for ftek to hold onto its gains.Goes up alot one day and loses it all the next. Is this just profit taking, and what will it take to move the stock up and for it to hold onto the gains. I understand profit taking, but the swings here are major.Seems like a really good company. Any thoughts?
Hey, you're lucky you got in at a good buy point. It probably is mostly just profit taking, I see it happening with a lot of small cap stocks these days.
If you notice that the volume has been pretty low the last several weeks since it got down around $10. I think all the short term sellers have been flushed out. I know I got in at $15, but I'm not worried and am definately not selling any, should probably buy a little more at these prices.