Greetings Tomato Man. As you said in your Post 5781, "Bill. I forget how complicated a business that FNTN is in and how harshly we judge them for any error", Tomato Man, I agree and it must be human nature I guess.
An opinion I expressed some time ago, is that if FNTN was currently reporting that everything was completely operational that they had:
 50,000 clients and individuals signed up
 With revenues of say $60,000,000 annually
 With earnings of say $0.10 a share
 Were moving ahead with new innovative additions for the clients
It would not be selling for $0.96 as it closed on Friday. Rather it would be selling for much more, exactly where I can not say but would guess that it would be well over $5.00 a share. Just my opinion.
As Don has said, it is those investors who are willing to take a chance NOW that will reap the rewards between its current price and future growth. Heck every stock is a gamble, just look at what has happened over the last two weeks or so to some of the premium stocks as I call them. Just because a company has a good balance sheet, good profits and a bright future that it is no guarantee that the price of its stock will stay level or continue to grow. With some exceptions as we all know the general market conditions usually control any given stock price.
In my opinion FNTN holds a high degree of risk as well as a strong degree of success! Higher potential I believe then most BB stocks for that matter. A month or so ago I posted a outline of several BB's stocks that traded at very low levels for a long period of time until they got off the ground. Most of them today are trading at several hundreds of times those lower levels. They are no longer bargain basement priced stocks like they had been.
So I will say it again, either one believes in FNTN or does not. If you believe, you will buy with eyes wide open knowing full well and good that the stock can go south but realizing that it can also go way up. If you don't believe why the hell worry about it anyway? JUST MOVE ON TO SOMETHING ELSE.
I am one who believes in this stock. I will retain my shares for the rewards I believe will be mine. I will not worry about the day to day movement and fluctuations in its stock price. The path that current management has chosen to take is one that I am in full agreement with. That is why I own the stock not on current fundamentals but much more on its future potential. Out of that belief in FNTN the fundamentals will come and will produce much of what has been talked about on this and other threads and maybe much more.
Best regards,
Bill Fortune III
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