Fronteer – Still a Hold – Still looking good long term

Recommendation: Hold

Last week Fronteer closed at $11.16, an all time high, and I rated it a hold because it had gone up so much, so fast. This week it pulled back and closed at $9.96, which is a big pullback, but not surprising given the recent history.

I still like the stock, consolidations are normal, so I’m not selling.