should I sell Force Protection FRPT?

Answer 1

Let me preface this by saying that I'm not trying to talk you into anything but just giving my opinion on what's ahead for FRPT. Ultimately it's your decision/responsibility. I would say however that it has made quite a run over the past year and depending on when you bought, you've probably carrying a good profit. Your worst enemy in investing is greed. Let me also say that investing is like a business and if you decided to sell and it starts going up again, don't look back and say you should have held because the next time you will hold and get burned.

Ok, my analysis - strictly on the technicals - I have not looked at the fundamentals.
I've marked up a daily chart and I'll keep the chart there for a few weeks so that you can refer back to it.
http://stockcharts.com/h-sc/ui?s=FRPT&p=D&b=5&g=0&id=p71511427115&a=99473857&listNum=27

Obviously it's too bad you didn't sell about a month ago. The MACD gave a sell signal as did the RSI at that time. Today the MACD again crossed below zero which is a sell signal. RSI crossed below 50 which is a bearish sign. Another nasty indication is that today's drop broke through the trend line and if that's not bad enough, it's also broken below the neckline (in pink) on a head and shoulders formation.

The only things that would make me cautious about totally accepting the above analysis is that priced stopped right on a support price (17.00) The other thing is that a short term triangle (green lines) has formed and price halted on the lower boundary but that may be more likely due to it being a support price.

A couple things could happen tomorrow. Those that weren't watching the market today may come home, see a 2.89 drop and decide to sell. Others may see the big drop and look for a bounce back up. If I were to venture a guess, I would say that it will drop at the open and then slowly climb up during the day then fall back some before the close.

If I owned this stock, I would put a stop loss below the support, say somewhere around 16.80. If it breaks the 17.00 support, I would believe it is going to go down and the stop would take me out in that scenario. If it drops temporarily then goes back up, you may not get stopped out and you'll have more time to decide whether or not to take your profits.

Good luck with it.

Answer 2

Yes and buy a boatload of PBLS @ .022 They have twice the revenues as FRPT

This is no pump and no bull

Watch it over the next few weeks.
Its a "AMEX stock in Penny clothing"
Do your research.
http://pbls.biz/pressrelease_content.asp?prid=82

Jockee