Comments on: FLL : A casino that isn’t a gamble

By: Recent liquidations and Portfolio Update

Recent liquidations and Portfolio Update — Wed, 09 Feb 2011 19:23:26 +0000

[...] when I started regularly blogging about all my positions, and I had only written up FLL, which is here if you would like to read [...]

By: valuegeek

valuegeek — Wed, 09 Feb 2011 19:18:51 +0000

Hi Rick. I’m afraid I’ve liquidated my FLL position. My target price is actually $4.60, and once the stock approached that price, I liquidated it. This is a highly illiquid stock, so just a couple of big buyers could cause all kinds of stock price movements. If you want to buy into this stock, you have to get used to the big ups and downs.

By: Rick B

Rick B — Sun, 06 Feb 2011 16:42:19 +0000

I am Bullish on FLL as well. I’m just curious if your evaluation on future stock price has changed any. Especially in light of the current jump in its price. Do you have any idea as to the cause of the current 1 – 2 week spike in the stock price?