With The BroadStream Lawsuit Behind Them, FFN May Be Heading For a Reversal
Picked:
July 13, 2011 1:39:43 PM PDT
FriendFinder Networks Inc. (NasdaqGM: FFN) - Open
| Symbol |
Position |
Allocation |
Picked |
Current Price |
| FFN |
Long |
5% |
$4.4900 |
$1.1800 |
-73.72% |
| Opened |
July 13, 2011 1:39:43 PM PDT |
| Closed |
- |
| Risk |
Medium |
| Target Date |
September 30, 2011 |
| Target Price |
$6.0000 |
| Timeframe |
Mid-Term |
| Suggested Stop Loss |
$4.0000 |
| Holding |
No Position |
| Disclosure |
- |
I think FFN might be trying to reverse its course. The doom and gloom of the Broadstream Capital Partners lawsuit has been dealt with and is behind them now. I think that the company has good numbers and a decent product. Stock took a beating today which is providing a better entry point.
