Good Speculation for higher commodity priceGood Speculation for higher commodity price but watch out for the entry price
- Looks to me like the stock price got pumped up from 0.32 levels to 0.6 to get the merger through. Now after the merger is complete and the pump has spanned out completely, stock price should find its footing and stabilize may be at lower level.
- Higher stock price would definetly mean less dilution for existing investors while the comp continues with further acquisition, i Suspect market will not reward FF for aquistion on a premium and retail investors will do well if we can use the volatility to their advantage.
Disclosure: Long FF @ sub 0.35 levels
GSB