Patrick, What are you doing over here stirring up my fellow investors? LOL
I have known you a long time and I know you are not a basher. I respect your charting abilities and have asked your advice for a long time, you are usually right on. I know you warned me the last couple of days...you didn't want to see anyone get hurt. I appreciated that very much, I heeded your words and tried not to get caught up in the excitement. I didn't sell either!! LOL
The floor of this stock has been accumulated and held by a great team of investors (including Jeff, Big Tex, Robert and several others). We have held this stock for some time now and worked hard at keeping the bashers, pumpers, etc out. We believed in the potential of the company (still do) and knew it was just a matter of time for the company to start getting noticed and given the credit we think it deserves.
Most of the longs, control a good deal of the float and held during the spike yesterday. Most of us could have made a killing. I think that is a testimonial of what the longs think about the potential here.
Most of us had never heard of the Phantom prior to the last few days. I know I was excited to see him bring visibility to a stock that had been largely ignored. The dumby that I am..I thought when investors saw the DD..they would see the potential and get behind the stock. Although, that happened to a small extent..a handful of Day Traders and Shorters were the big winners. I have no idea how the Phantom works, however, I honestly don't think he sold in to the buying. I ordered the OTC ATC MM's time and sells report for FHTV yesterday. I quickly looked it over and was amazed at the buys vs the selling. Especially, after all the day traders boasted about the money they made. There really weren't that many shares sold (by investors) between 1.00 and 1.50. I am doing some figures on it and will post later tonight.
There is no doubt, yesterday's activities were disheartening to many. I feel sorry for those that bought at the high side only to see the traders and shorters bring it back down. I feel sorry for the longs that have supported this stock for months, only to see it temporarily tarnished.
This is a short term set back. This one will recover with a PR introducing the company formally to the world. The O/S count and float is so small, if the company officially verifies just half of what we think they have, and there are no surprises.... this one should warrant a $2.50 or $3.00 price easily.
This is the crazy OTC world we play in. It's not a perfect world and it very rarely goes the way we hope and dream it will go. Everyone should understand the gamble they are taking and only play money they are ready to lose. Mean time..I took a little advantage of the chaos on RB today...I picked up a few more shares. :)
Now go do your DD... watch your charts and enter when you feel comfortable!! I wouldn't wait too long... we are waiting for a PR. :)
Deb' |
