Franklin Mining (OTC: FMNJ)
On Wednesday, March 15, 2006 we first brought you Franklin Mining (OTC: FMNJ). StockGuru members found this to be the biggest percentage gain of all StockGuru Profile ever. Let’s look at the numbers:
Coverage initiated on March 15, 2006:
Price – $0.003
Here is a link to our press release that shows our initiation of coverage:
http://biz.yahoo.com/pz/060315/95750.html
This is one where the price went on a roll as the word got out. On Friday, March 24, 2006 we released an interview with Jaime Melgarejo, the President of Franklin Mining. Here is a link to the release:
http://biz.yahoo.com/pz/060324/96163.html
Here is a link to the interview:
http://www.stockguru.com/profiles/fmnj/interview.php
Weeks after our coverage started – on May 1, 2006 – the price peaked at $0.15.
That is a potential gain of 4900%. The price did settle to Friday’s close of $0.046. Still a healthy 1433%. Either is the all time StockGuru Profile Record.
All of use who were looking for a base on Franklin appear to have found it at about this trading range. It has been between..04 and..05 for the past couple of weeks, breaking out of that range only for a couple of trades on the upside or the downside.
Keep an eye on Franklin as the volume is still very strong and appears to be priced with strong support at current levels.
View the StockGuru Profile for Franklin Mining:
http://www.stockguru.com/profiles/fmnj/
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
Disclosure: Pentony Enterprises LLC was compensated four million free trading shares from a non-controlling third party for profile coverage. We are contracted to receive an additional 265,000 shares. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. We currently hold no shares of Franklin Mining.