I remember well because that morning i got up early at 6 am central time and purchased some about 10 minutes later it was halted. I am glad that I was able to buy the stock right before the halt. I like the position I have in it, dont get me wrong I would like for the stock to be trading but since i invest in risky stocks this one is perfect for me. I hope that they continue to make money and maybe open this up one day again. I hope the company uses some of the money they make to help hold up their stock if it reopens. Maybe the longer it stays halted the more chances there are of it opening higher than it closed at, especially if they are going to be the netflix of china. If and when this opens I will be waiting with a order for more shares because i have seen the business model
Sentiment: Strong Buy
I understand you have a short position and you want to scare people away from FAB. But your syphilis brain static comments will not influence people. Any long with any sense knows it's just a sign of your desperation and lack of class. You short traders are like spoiled babies with no sense of reality and right behavior. You are a disgrace. Luckily, life will swallow you up. You are on the wrong side of history, which will soon be clear. i would love to see your fat behind running for the exits.
I think you bought at the best time possible. Though you've had to wait, I think you can turn your buy into either a short term profit or a longterm goldmine.
By the way, Lbcb..., you are such a joke. Every prediction you make is wrong.... FAB is going dark... I am Joe... you will make money on your FAB trade... but you know everybody's business but your own. I have control of this ID but will be creating a new ID soon without a name. This ID served its purpose. You bit on it....
I am back stateside and will be participating more often here. For your information, I know several people here. They are real people, not IDs like you and your short trader friends use to create ID pllution on this Board.
The end game is about to go down. Don't say I did not tell you what was going to happen...
" If and when this opens I will be waiting with a order for more shares because i have seen the business model ."
I'm kind of with you. I bought in late because of the bond. My thinking was the shorts believed this was the "smoking gun" to prove FAB was a fraud and because of that were willing to short the price down to extremely ridiculous levels (below cash). I had my own theory (the cash would show up and FAB was legit), and bet on it.
But the halt has given plenty of time for many of us that would have moved on (if you trade for an event once it plays out you move one...win or lose) to learn about the company and it's potential.
At this point I think I know more about FAB and their business model than any other stock I own.
=At this point I think I know more about FAB and their business model than any other stock I own.
LOL... you mean that business model they totally abandoned and even though most of their cash in 2013 was made from kiosk licenses they all of a sudden quit selling them? You mean that business model that changes with each filing as they struggle to come up with something different once challenged?
It is inexplicable they would stop selling kiosk licenses. Makes me think it wasn't their choice and they lost the rights to license the content due to being caught in piracy. So many questions. Too bad they ran and hid and won't answer anything anymore.
They are probably going to be using the excess cash to defend against all the lawsuits ariseing out of the tradeing halt. If they lose the lawsuits they will also be paying settlement expenses. I am long on this stock also but don't plan to throw good money after bad.
"They are probably going to be using the excess cash to defend against all the lawsuits ariseing out of the tradeing halt. If they lose the lawsuits they will also be paying settlement expenses. I am long on this stock also but don't plan to throw good money after bad."
The lawsuits are a nothing. ONP settled for 2M, which is the going rate if the company is NOT a fraud.
The insurance company pays for it (that's what insurance is for) and not the company.
Shorts just try to bring up the lawsuits to scare away novice investors.
Sometimes novice shorts (lbcb) bring it up because they are a novice investor and really believe it could have a material effect on the company.
If it is a fraud then the insurance company has zero liability and will settle for chump change if they are in the mode to settle for anything (which doesn't apply here anyway because FAB is legit).
ABAT's insurance company settled for a chump change (275K) and the lawyers took the deal because they knew it was a nuisance suit at that point (because ABAT was a fraud).
It's clear you're the half-way sane voiceover for Lbcbc or another short trader... you have the ID that portrays the disgruntled shareholder, not an extremist, just wanting to maximize value. This kind of shenangan is old hat and your portrayal is sub-par, by the way.