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Formula Systems (1985) (FORTY) Message Board

  • fujigrower fujigrower Sep 12, 2013 10:12 AM Flag

    More fun...

    Per

    While not any brilliant insight, I have to say $24 for FORTY shares is a lot more fun than $15. Sometimes patience pays off.

    Fujigrower

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Doug,

      No need for brilliant insight at this time. The brilliant insight was at $11 when everyone was down on this.

      Given the equity distribution, the smart money is probably on holding on, but you have to have a long time-horizon and be able to withstand a lot of volatility related to the volume.

      The real issue is that $25 would have been OK two years ago, but with the last two years developments anything below $35 is a bargain.

      Best,

      pajacobsen

 
FORTY
24.08-0.89(-3.56%)Nov 21 2:52 PMEST

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