Joe, no doubt the price of this stock will be higher in a year, but still that announcement was pretty lame and didn't say or disclose anything we haven't heard for a few quarters now. Don't get me wrong, I'll be back to my optimistic self in a day or so, but for now I just wanted to vent some frustration off.
I know the price is going to move up, it has to just because of the flow of money into techs and small caps. As the other stocks go up and their risk to value rises, then the money will flow into undervalued stocks like FSI. Like Sparky, I might bail or at least put in a stop loss if we get above 17 and put my money elsewhere for a year or so.
What kind of price action do you think we will see 3,6, and 9 months out for FSII? If we could count on being in the mid 20's by then I'd stick it out, but I have my doubts now. Here is why:
...However, these investments will impact margins and operating expenses as we go forward," Elftmann said.
I think that is an out from the company for future quarters (2-3) of mediocre performance. The out before was money not coming in from outstanding orders, but that's run its course... especially this quarter. I think numbers might be better, but by cents and not quarters, at least like I said for the next 3 quarters from the look of things.
However, the price can move by wall street seeing the potential a year out and it can have a nice run up into the 20's. However with so much being made elsewhere with other strong companies, I don't see money coming in more than 3 months from aniticipated returns. I think the market moving 6 months ahead is an old rule anymore. I think it is now 3 months the most and with each year that time span is going to get smaller and smaller.
The technology we all love and believe in is changing everything. Another news item that got me upset was the new palnts being built in Taiwan that will compete with FSI head to head in 300mm technology. That is something new and as info comes out could have very bad effects. Their impact won't be felt for at least a year or so.
I hope you totally disagree and give me some of that great info you always come up with to get optimistic again. |
