FRP - Fairpoint Communications Inc. - NYSE

[softballdaddy]

Well I like you and Vegas in here....gives a newbie a warm comfortable feeling, I think this will trade well, did a little looking , this fell out of the sky when the company stopped paying .25 p share dividends...a lot of selling happened..followed by some downgrade in credit....the corporate officers bought in big time at that point (MAR 10 ) 225000 shares...I think everything looks good for us to make a few shekels...

[Trelly]

I agree. There's profit to be made on this little guy. Wish I could have got in at a lower price, but my cash was tied up until I sold CNO today.

[softballdaddy]

Just needs to get over that .50 hump...I took a little hit on GBG to get in, that POS would have been okay but I think I can cash this one quicker....I am going to Walmart later and shopping for patience (going later so I dont have to stand in line)

[Trelly]

Just needs to get over that .50 hump

 Yup. That's what I'm waiting for. Shouldn't be too scary a ride.

[Vegas]

Just needs to get over that .50 hump

 Yup. That's what I'm waiting for. Shouldn't be too scary a ride.

This one is kind of reminding me of the way WNC traded before it caught a headwind...

[Vegas]

We need to break the par sar at .52 to keep moving up...

[Trelly]

We'll see it. I think today too.

[Trelly]

And there she goes! 0.52

[Vegas]

And there she goes! 0.52

Now for .64...

[Trelly]

And there she goes! 0.52

Now for .64...

It's like you read my mind Tomorrow is another day and another dollar.

[Trelly]

I swear I just saw the MM's take down the price 6 cents with a couple hundred shares.

[Vegas]

I swear I just saw the MM's take down the price 6 cents with a couple hundred shares.

They launched a full out assault on this puppy... There was a paint trade at the close for .54 or we would have closed at .46... Hopefully they haven't killed our run...

[Vegas]

I just got the following in a late night email from Scottrade... Not sure how it will effect the stock price... I thoroughly searched Google and could not find any details...

Re. stock symbol / cusip - FRP

The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 12/18/2009 and may require your timely attention. Information regarding voluntary offers initiated by the company is often included on their Web site. Information for third-party offers can be obtained by contacting your local branch office.

If you decide to participate in this offer, you will need to inform your local Scottrade branch office no later than 10 a.m. ET on the expiration date listed above, and a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. Please note that the expiration date for such actions is often extended and terms of the offer are subject to change.

Scottrade is not endorsing or recommending the offer, and the terms have not been reviewed to determine if accepting the offer would be in your best interest. If you do not wish to participate in this offer, notification is not required and Scottrade will take no action on your behalf.

[Trelly]

I just got the following in a late night email from Scottrade... Not sure how it will effect the stock price... I thoroughly searched Google and could not find any details...

Re. stock symbol / cusip - FRP

The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 12/18/2009 and may require your timely attention. Information regarding voluntary offers initiated by the company is often included on their Web site. Information for third-party offers can be obtained by contacting your local branch office.

If you decide to participate in this offer, you will need to inform your local Scottrade branch office no later than 10 a.m. ET on the expiration date listed above, and a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. Please note that the expiration date for such actions is often extended and terms of the offer are subject to change.

Scottrade is not endorsing or recommending the offer, and the terms have not been reviewed to determine if accepting the offer would be in your best interest. If you do not wish to participate in this offer, notification is not required and Scottrade will take no action on your behalf.

Not sure if I fully understand the email Vegas... What is it that they are offering/soliciting?

[Vegas]

Not sure if I fully understand the email Vegas... What is it that they are offering/soliciting?

I don't have a clue Trelly... That is why I went searching for news... Hopefully it doesn't effect the price negatively... Other than that, we won't be in it long enough to worry about anything else...