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Fuel Systems Solutions, Inc. (FSYS) Message Board

  • fonzischeme333 fonzischeme333 Feb 6, 2013 10:46 AM Flag

    Who is KEVIN DOUGLAS?

    And why does it say he's a "beneficial owner" of over 10% for the shares when the major holders show him only owning 1M (5%) of the shares?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The big holdings in his portfolio are FSYS, WPRT, IMAX, AMSC, and ETRM. All are trading at or near 52 week or multi-year lows while the market is at near all-time highs. How can he be such a horrible investor?

      He was doing a ton of buying in FSYS a few months ago. At $13 now, he should be backing up the truck.

      • 1 Reply to buyacramer
      • $10 is a better price to back up the truck, and with the dismal level management has been executing, we could easily see that price area occurr when they report next month. The reason being? You have to go with the trend, and Management has had several consecutive quarters where they missed estimates and subsequently guided down. Why will this quarter be any different? they will have plenty of excuses available such as: poor conversion rates from the Euro to the US dollar, higher R&D costs, late orders from customers, increased expenses, more competition, etc., etc.,etc! The sooner the stock gets flushed out of its weak hands, the better. A capitualtion is what this stock needs and will probably see, when the company disappoints again.

 
FSYS
9.86-0.04(-0.40%)Sep 15 4:00 PMEDT

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