It is not unusual for CEOs to post on SI. What's unusual is for them to post when they have lost 1/2 of their fortune. Too little too late! Arif should had posted four weeks ago when concerns started to pop up on this board.
Anyway you look at it FAMH is doomed. with at least another 8MM shares issued, a portion of that is bound to wind up in the float. So all of you should ask yourselves the following question:
If FAMH during the good times, when the float was 10MM or less and public sentiment was at its highest, could not break out of the pack, what makes you think it is now in a better position to break out?
If FAMH were to reach 50 cents again, Cheryl OD, Jin, Jane, and all these self-proclaimed FAMH supported would be first ones to sell. That was the reason why FAMH never made pass .64 (77 cents for a few seconds). Be real! FAMH is not an investment, it is a gamble. Most of you should go to Las Vegas and join Ira. You have better chances of hitting the jack pot out there than to speculate with FAMH. Wake up!
By the way, most of you should be graceful that conscious investors like LE, Andrew, Forest Gump, and myself are willing to stick our necks to uncover the truth about FAMH.
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