{"id":210,"date":"2006-04-21T09:06:24","date_gmt":"2006-04-21T14:06:24","guid":{"rendered":"http:\/\/www.selfinvestors.com\/tradingstocks\/?p=210"},"modified":"2018-08-12T01:16:25","modified_gmt":"2018-08-12T06:16:25","slug":"focus-media-fmcn-update","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/stocks\/focus-media-fmcn-update\/","title":{"rendered":"Focus Media (FMCN) Update"},"content":{"rendered":"<p>Wanted to give an update of <strong>Focus Media (FMCN),<\/strong> a stock I currently have has the highest rated stock in my database (<strong>see more here for your own access<\/strong>) and a stock I purchased on April 6th.&nbsp; You can see the first entry regarding FMCN <strong>here<\/strong>.&nbsp; The stock still looks good technically but has been meandering a bit.&nbsp; I&#8217;m waiting for the big confirmation move up with a spike in price and volume.&nbsp; <\/p>\n<p>On April 18th, I added additional shares to my originial position (about 30% of the originial) on anticipation of a big confirmation move.&nbsp; It didn&#8217;t quite turn out the way I had hoped as the stock never added to those gains, but i&#8217;m still confident that move will occur.&nbsp; If not, I&#8217;m still in position to get out with a small gain or loss.&nbsp; Lots of reward potential vs. very little risk.&nbsp; Here&#8217;s the intraday chart from April 18th, which shows my entry point as the stock took out the intraday high with good volume.<\/p>\n<\/p>\n<p>One news story of note in the past couple of days is word that a competitor is suing the company for 1.7 million for unfair competition.&nbsp; <strong>Link to news story<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wanted to give an update of Focus Media (FMCN), a stock I currently have has the highest rated stock in my database (see more here for your own access) and a stock I purchased on April 6th.&nbsp; You can see the first entry regarding FMCN here.&nbsp; The stock still looks good technically but has been &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/stocks\/focus-media-fmcn-update\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Focus Media (FMCN) Update<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-210","post","type-post","status-publish","format-standard","hentry","category-stocks"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=210"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/210\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}