James: It's almost not worth arguing with bashers. I am more and more convinced that they seldom make a difference. A good stock will eventually take off - period - whether we all love a stock, or hate it.
There are some notable exceptions to my rule. One of which was triggered by old Watcher's co-worker, Mr. "Cliff" some months ago. For those who are new to the thread, Watcher's friend Cliff, as it turned out, worked clandestinely for a competitor. Before he was unearthed, Cliffie very capably instilled fear in the minds of innocent, small investors and I truly believe caused damage to the stock's value.
Of course, anybody who held on to their shares through that barrage of garbage would have seen another triple before the latest drop - which brings us to the most ludicrous part of a basher's argument when it comes to FNTN. Here's a stock that has produced somewhere in the neighborhood of 400% profit for many of its stockholders and is only now selling product. Not a bad pre-start for any company.
Watcher still wants us to feel sorry for the "job-threatened" Cliff who was just doing his civic duty when fraudulently frightening people out their wits, and wallets. What a guy. What a pair of guys. Golly, Hitler wasn't ALL bad - after all, when he wasn't too busy being the most vile mass murderer in human history, he was kind to his dogs..
and he lost his job, too.
So it's hard for me to get too scared anymore. Personally, I know this stock too well and I know the players too well, both in the company and on the threads.
For any new lurkers out there: Despite its many lucrative moments, FNTN is still a BB stock and carries with it ALL the inherent risks associated with this type of investment.
To paraphrase a recent quote on another thread,
in a BB stock, the norm is that there is no norm.
It takes off.. or crashes. or both.
Those of us who have actually bought FNTN and other BBs do so for the thrill and the potential of enormous gains.
There is also the potential for enormous losses.
My best advice to anyone new to FNTN is not to take anybody's advice. Don't believe ANYBODY - even nice guys, like me.
We're all guessing.
Also, keep the investment down to something you can afford to lose.
To help the odds, read the company, read the mission, read the sector and time your buys. The rest is in the hands of some higher arbiter than any individual on this or any other thread.
regards to all,
Wally |
