All, The real irony in todays move is that it is not even where it should have been valued on the USRX and Raytheon news months ago.
Funny things happen when new money start to discover a stock, and all it takes is one mention that ties it all together, then a light bulb goes on and everyone is slapping each other on the back, talking about how genius they were.
But it's you, the long term faithful that need to be congratulated for having the where with all to recognize a winner, when no one else would give a look. Your're the ones that should be congratulated, we have seen it all, and now it's time to have your dreams realized.
I feel that FTEL is fairly priced somewhere Norht of $5.00, and then just add whatever Frank brings to the table from Atlanta in for good measure.
Like Vic, and a few others have said, you can make a living trading it, but it's the long term player that will get wealthy. Franklin is no longer a story stock, they are for real, and we will now start going into a period of valuation that is based on Revenues and Earnings. Two back to back earnings reports that refect the potential and the Sharks will come feeding not in schools, but in waves.
We are probably still 4 months away from double digits that can sustain themselves in an orderly fashion, but I'm sure we will see spikes that may touch that "Holy Grail" milestone.
If Franklin can start to show explosive sales of equipment, then FNET can be considered gravy on top of the $10 price tag. Remember all this publicity will only make FNET that much higher a IPO value, and the big boys don't miss a chance to flock to winners.
So hang in there and savor our first stage victory, as this will be a long and hard fought battle, but the real campaign has just begun.
RB |
