<<Doug, Why do you think the price is only $1 a share. It seems to me,
and alot of the other investing public, that with all that Fnet could be and could become, why so CHEAP, why not 2 or $4. Just doesn't seem right somehow. I mean if a guy comes up to you with a gold watch, and says, This watch is worth 200 bucks, but you can have it for 20.>>
There is a lot more risk (and no liquidity) in teh Private placement. There is NO GAURANTEE that the IPO will happen or that the business plan executes as expected. A lot of companies do fold adn generally in the first few years of business. This is not to say that FNET will have any problem or risk above other start-ups, but there is risk.
The $400 gold watch is conditional in that in two years time, the metal on the watch actually turns into gold and not lead (whick is toxic) and that you can sell the watch later. The $20 you pay for it now is $20 too much if the watch doesn't turn to gold AND you can sell it later. If you can't sell it (later), then you have a few hundred gold watches... Big Deal. Wear it in good health.
My point is, for every one deal that fly and makes you money, a lot of deals go belly up and you lose EVERY CENT.
Invest wisely and do your research. |
