RE:Isn't it fun?Yes, its called cash burn. This companies expenses are way to high. It costs about $1,000,000 a month to keep the doors open which doesn't include drilling (which is legit of course). We spent a bundle on the failed merger, a bundle fighting the phantom threat of the oversight group. Management load up on benefits, salaries and options. And he does a deal raising money which cost us $5,000,000 in fees and expenses. Any other questions?
P.S. - And did you see how quickly quacks/Rover(same person) tried to bury your post? They do that all the time to any negative posts. They are the Bullboard Bullies.
Fissionowner wrote: Isn't it fun to see FCU trade in the red day after day? There appears to be nothing that will break to trend to a lower share price. Not even all the cheering and pumping on this board helps.
You would think that with all the support and accolades given to Dev and company along with awesome drilling results and handsome analyst reports that this stock would be hot.
Does anyone on here have a solid reason for FCU floundering so badly day after day?