Fairpoint Communications Inc. (NYSE:FRP)
What do you see in the distance for Fairpoint. I've been away and hold 20,000 shares at a cost of .956 per share.
Thanks for your question. Attached is a chart that shows all of the alerts issued by our system on Fairpoint (NYSE: FRP) within the last year. We currently show FRP in a DOWNTREND which the system called on 6/19/09 at $0.89. As of today's recent price of $0.45, FRP has returned 49.4% since our alert was called. The stock will remain in a DOWNTREND until our technical indicators detect that an UPREND has begun.
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