I like the stats on this one and just picked up 1000 shares to start a position in it. I was looking for a good long term play and this one looks excellent.
I also believe in this company due to the book
value - close to the current price. They also got $70
million in cash as oppose to NDB and JBOH. I also bought
because I suspect another run-up for the internet
brokerage and this time I know FVH will not be left out.
Thx. I'm glad people are going to keep this board
active so that they will know what a good stock FVH is.
You stated that the float is 600k.
I don't think that is correct. According to Yahoo
is is 9 million. That is still a pretty small
I bought Yesterday at 7 1/4 and I was the guy who
bought more at today's high of 17. I wouldn't be too
suprised if we went back down to 13ish but I will be
I agree with you. This company,
without Freedom Investments, looks like a good buy. With
Freedom they look even better due to the frenzy around
ebrokers, although that seems to be settling down after all
of the bad publicity with Etrade and investigations
I have seen some ads on CNBC for Feedom
Investments but not too many. I hope they pick it up because
customer retention rates are very high for online brokers.
It is important to get the customers who are
investing on line for the first time. I think that in
another year there will be a dramatic slowing of account
growth among online ebrokers because most people who
want it will already be using it. After that point
account growth will rely on taking customers away from
They got hurt last Q due to heavy
trading loses in the NASDAQ market but every brokerage
firm has that happen once in a while. From what I can
tell management seems to be class A. Like you I am
still learning more about the company.lol
I think this is an excellent opportunity to make
a little money. I took a small position yesterday.
Will look to buy more monday or tuesday.
idea to build a position before letting this gem
Good luck to you and Keywest on FVH
Welcome, I have sold all of my JBOH now. Sold at
8,21,16. Bought at 2 1/4, not too bad.
Looks like a
bunch of people jumped in here the other day hoping for
a huge serge and after not getting it are bailing
Besides that the do own Freedom Investments,
I like the numbers here. Gotta go play some golf
ps did you ever see my posts to you among the masses
on theJBOH board? I used to live in Kingwood. I
played footbal for the Mustangs. Rich town, good to have
I agree the numbers look very good here. I got in
at 16 13/16 with 1K shares. I don't normally average
down, but I like the numbers here so I will continue to
add shares in 1K increments for a few weeks to build
up my position. I am not worried about the short
term prospects for this stock. With all the huge
volume days the market has had this year, most brokerage
and financail services firms should see good earnings
for this and future quarters.
I did see one of
your notes on the JBOH board, but usually I don't
respond to folks I haven't cooresponded with before.
Sorry bout that. Kingwood is a great area of Houston to
live in and you are right, ther is a lot of well off
people living there. Both the Kingwood and Attascosita
areas are growing extremely fast. The interesting thing
about it is I I thinking of moving to Attascosita. The
new executive homes going in around Walden Country
Club are very nice and much more modern than those in
Kingwood. Also, since Kingwood was taken over my Houston,
home prices here have pretty much quit rising while
those in Attascosita are doing much better. The one
thing holding me back is the high school situation.
Kingwood HS is better than Humble HS in my opinion, but
with all the huge growth in Attascosita, they are
scrambling to plan a third HS in the district. It will be
located somewhere in Attascosita, but I am not sure where
Good luck with FVH. I think this is an excellent long
term prospect. Who knows, they might even decide to
get into the online trading business sometime soon
and we get the best of both worlds. I really like the
small float here not to mention the dividend.