FX has gone from a $2.00 stock two years ago to a $10+ stock today. This would not have been accomplished without the current management in place. They deserve to be enriched for thier efforts along the way. Had we not have had the successful rise in stock price, there would have been no insider transactions, so it is just part of the deal. They still have a ton of options, hence a lot of incentive, to take us to the next level. The flip side of options is a positive one that nobody has mentioned; cash proceeds from exercised options add to the FX war chest.
It is so predictible that all of the naysayers show up right before an anticipated press release. Make your own list of pluses and minuses. If you don't like the results, sell and quit bitching. My listing is heavily weighted on the plus side. As such, I'm in this for the long haul, when we can look back and view $10-$12 range as an awfully low price.
Go back and review your 7202 post and tell me again who is posting the truth. Your weakness is that you're a self-proclaimed and obvious liar (options weren't traded for months before you posted 7202) who has been saying the sky is falling ever since the stock traded at $2.00/share. You weren't right, aren't right, and don't tell the truth. It is that simple. It's not about attacking the weak as you would lead others to believe.
Regarding politics, this is an FXEN board. The only reason I can see to discuss anything political on the board is strictly as it relates to FX's future prospects. My political philosophy is probably a lot different than most on the board. But that's irrelevant to the issues at hand with regard to FX as an investment.
Not planning on responding to you again. I just don't want you to get away with further misrepresentations on this board. You've tipped your hand and shown your character enough from my perspective. Adios.
I prefer to focus on "current" valuation, chart direction, short interest, etc.
You make a very good argument to buy the stock now. It certainly would appear to be cheap as compared to "forward" fundamentals. Nevertheless, the stock market is imperfect and stocks OFTEN overshoot on the upside, and overshoot on the downside. Something to think about when you say "I'm in this for the long haul...and view $10-$12 range as an awfully low price".
As inexperienced as I am in the stock market... even I know that if let's say FXEN fair value NOW is 11, then it was overvalued by 50% earlier this year when it hit 16.50. Then why can't the stock oversell on the downside by 50% which would bring the price down to about 8.00 I think
Will 10.00 hold? If not you guys got a big problem to deal with. Good luck to all.
Uh no problem here - with a cost basis of $4 and already recouped my initial investment. I still have a 2 bagger in your worst case scenario. Best case 25 bagger +. Its only a problem if you bail at the low point because your time frame is too 'short'.
My, my now aren't we a little bitchy now. It wouldn't be because as you watch from the sidelines share value declines day-after-day?
Just a reminder on 4/21: "Since the test tool was opened just this morning, flow calculations will not be made until later today and tomorrow."
To quote you "My, my now aren't we a little bitchy now. It wouldn't be because as you watch from the sidelines share value declines day-after-day? Just a reminder on 4/21: "Since the test tool was opened just this morning, flow calculations will not be made until later today and tomorrow."
First, I'll state it another way in regards to short term price swings, if you can't stand the heat, get out of the kitchen. I am personally invested at an average cost of a little over $5.00 a share and could not be happier doubling my investment, with potential to do even more than that over the next year or two.
Second, FX never said they were going to make a press release immediately after they made flow calculations, as you are trying to infer. They ran a DST, which has historically taken about a week, so we could expect a press release any day (likely on Monday). If they drilled deeper and plan to run another DST, then an announcement may be a few weeks off. Either way, definitive news is on the near horizon.
What truly amazes me, is how someone would short FX. Realistically, the most one could expect to gain on shorting FX is a few dollars per share, as compared to going Long, where the upside is a minium of $5 share in the near term, with the long term well in excess of $10. Everyone is entitled to their own opinion in regards to going long or short on FX. Proud to be a long and holding course.
The psychological warfare between longs and shorts on this board reminds me of the battle between Democrats and Republicans. Democrats (shorts) use hateful and decietful tactics and offer no solutions; Republicans (longs) are confident, optimistic, and have solutions for complicated problems.