Wally, I'll stick my neck out and say that FNTN will retrace to $2+ on the buoyancy of the real debut, primarily because they will be able to announce, along with the long-awaited intranet debut, a REAL CUSTOMER or several such, with real CONTRACTS with REAL DOLLARS attached to them! I think the management of FNTN is very savvy, and realizes that solely a notice "Well, we're open for business and waiting for the first customer" is not a great big deal. If they did so it would be, IMO, an admission of weakness. Whereas, if they can say "BLT, Inc, a major financial management firm, and XYZ Corp., an insurance broker, and JAZ, Ltd, a national brokerage house, yada yada yada..." it would be a VERY strong kickoff.
Also, their own regional sales staffs will be able to use FNTN's full capabilities to sell their own product as soon as it is up and running.
If the above occur I think the share price could bump to over $3 within days.
I'm no stock market maven, but I do know PR, and when it's backed up with solid performance and revenue it will attract real money into the issue.
Long and loving it,
M. |
