While the long range propects, in my opinion, for FMT are great I think in the short run the stock will drop. Many people who have invested in FMT have a loss in it and could be selling for year end tax planning. If you don't think the stock will rise over the next 4 weeks and are showing a loss in it sell now, buy 31 days later.
Thanks, dabmu. But please be respectful of your elders. Loud may be grouchy but maybe, one of these days, if we're very nice to him, he'll make history-put something of substance into an fmt post. I bet he's a very wise investor who could teach us a lot.
Could be tax loss selling or mutual fund repositioning. Either way a stock at the low end for the year has a hard way to go for the first three weeks in December. Not a good thing but it is a fact. Usually the tax selling and mutual fund trading is over by December 27 and we can see some upside movement. This is a good chance to pick up some last minute Christmas gifts like FMT at a cheap price. Guess what my kids are getting for the holidays. Some day they will thank me.