Markets

Watch List for Tuesday 5-3-2005

FCDH has started to really make its move and gain upward momentum, up 11% for the day. I don't think the upward momentum can be stopped. Check out the chart here: http://finance.yahoo.com/q/bc?s=FCDH.PK&t=5d Looking at a longer term chart, FCDH could be one of the biggest turn around situations in 2005. Don't take my word for it, take a look yourself: http://finance.yahoo.com/q/bc?s=FCDH.PK&t=6m
The market is hovering around the year low, the smart investors that buy when other hate the market are usually the ones that make money. We have all heard the saying buy low sell high. I believe FCDH could be one of those buy low sell high situations. The company took a beating with just about every other listed company the past few months.
FCDH is a prime candidate for very explosive moves up, as we have already seen the last few days. I advised you to read over the press releases below, get familiar with the company put it on your watch list, but don't watch too long cause this one will move.
FCDH's stake in "The Fight Network" is extremely big news. Currently there are no 24/7 television station dedicated to fighting, boxing, wrestling. When the station premieres in Canada, I'm sure many people in the US with satellite dishes will be able to pick up the channel. This could mean big bucks in advertisement revenue. If you haven't noticed yet, UFC (Ultimate Fighting Championship) is move popular than ever, and has gained national momentum over the last year. Recently UFC events were aired free on cable tv with huge ratings.
FCDH has already been granted category 2 broadcast license to operate in Canada.
FCDH is a holding company with subsidiaries in a range of businesses. The Company's subsidiaries conduct operations in areas of digital television, radio and building and construction. The company is actively looking at several other opportunities in many different industries such as natural resources, wireless, technology and biotechnology.
Recent News
First Canadian American Holding Corporation Announces The Fight Network And ThinData Team Up Business Wire (Tue, Apr 12) First Canadian American Holding Corporation Has Hired Consulting Firm to Assist with The Democratic Republic of the Congo -DRC- Business Wire (Thu, Mar 31) First Canadian American Holding Corporation Announces Symbol Change Business Wire (Wed, Mar 23) First Canadian American Holding Corporation Announces The Fight Network's Radio Property - The LAW - Comes to Winnipeg Business Wire (Tue, Mar 22)

posted by Juan Dosil @ 11:12 PM