Thanx STU ,,I read it but need more answers before not only I but have others buy...
This is my philosophy with penniess.,,
I really like the story and fundamentals then I buy and hold ,,come snow or rain.. like my RNTK at 1/8 as of May 97.. well it popped to 2 1/4 recently and basing at 1 ,,, either to go to 4 or to 3/4... but this co will produce big IMHO..
Or like my TPRO at 2 .. and I bought it all the way up to 6 1/2...
For others,,this is how I play... we make sure we have found a company that is kosher all the way,,,I combine forces with many people,,, and we buy @%#$ out of a co,,, ie, if we buy at 1/2 we take it up for 100 - 300 % profit and we leave,,, still when we leave I want to make sure that co still remain with at least 50% better equiity position then where we got in ,,lest we (I mean we vs MMs , Day Traders and SOES ) this way every one is happy ...
And to do that I have to convince my self and others that this co is a viable co ... with little risk for us... not a hype company..
This way every one is happy,,
FAMH was recommended to me by few people in our club to do a DD and I had 3 people out side of FAMH holders look at it,,,2 liked it 1 didnt,, I like to know why ....
I read 3 hours last night,, but has any one met the ceo ? what kind of man is he,, as well all the questions I asked,, why cant some one who knows this co tell me like way it is,,
"Joe I like this co because ,,, I ve met the ceo blah blah ,, seen their offices while they were doing normal job,, saw their financials,,blah blah .."
Thats all..
Good luck to you folks,, and please let me know if story comes clear... for I am here to learn ...
Joe
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