Christopher, Chimnoy, and all: I know I've responded to some that want financials, wonder why if they are selling a product the price isn't going up, and others that ask for a list of competitors. I'll be honest that some days I have my doubts. I get very enthusaistic on stocks I buy into. THATS why I bought them. Because I think they have a great chance at growth. So when I and others post enthusaistically, its called hype. In a way it is, but for me its not to pump the price up.
Its just the way I feel about the stock. I"ve been wrong on other stocks, and I've finally moved on from them. For those that want more info on the company, it seems they are in the middle as to investing philosophy. They want to get in on the ground floor, get in on a stock thats selling around $1, but they also want the information that comes with a stock that usually is priced much higher. Some will have to come to terms with that. I also would like more info, but I also know that as news develops, and financials come in, and we have more fundamentals, then this stock aint going to be selling for $1. Some days I also have severe doubts. And I wonder if this isn't another trip down a dead end. But then I have to look at what "fundamentals" we do have. The Siemens link is phenomenal. The recent posts by Wally shows us that the partnership is growing. We have basically been told that a milti national company is behind FNTN and will continue such. We know they have missed kind of promised "dates/schedules", but we also know how things go in development some time. And EACH company is different, and EACH company has different problems that come up. so we really can't do much of a comparison. Again, lets drag up Warren Buffet. Ok. We know he would never invest in a BB stock. And he never invests in technology.
But he does base his investment first in the product, and then in the management. And then he sits back and hopes that the management has vision enough to keep competitive and grow. REMEMBER. WArren Buffet made most of his money in one stock.
COKE. In 15 years, a $1000 investment would be worth about $80,000 today. So ole Warren won big on one stock. He had no way of knowing the CEO of coke would pull so many rabbits out of a hat , to make COKE such blockbuster. But he took the risk. The fundamentals meant little. Thats not what made Coke grow. It was
the unknowns that the CEO and the market place produced. Warren Buffet invested in the FUTURE of COKE NOT the present. Thats what we are doing today with FNTN. Now, I go to my gardening. |
