RE:RE:RefresherDo the opposite of what FMT says and one will be just fine.
FMT is paid by FF to manage media content and promotion aka pump & dump. I was extremely disappointed when FMT was hired by management and wrote a mail to FF management asking for clarity
Management gave a spin stating they got to know more accretive deals post tie up with FMT. I was not truly convinced but i can only control my buying and selling. It helped me in timing the buys of FF. When FMT publishes any content i don’t look to buy any more FF. I just stay put. When FMT clowns go quiet, then the hype is all done with and probably time to think about accumulation.
Now coming to bull / bear cycle, no one in earth including keith knows when this market will turn but i am tending to believe that without capitulation, the recovery is going to be slow and micro cap juniors will continue to struggle getting any kind of financing to keep lights on and they will be compelled to strike deals. That would very well give Keith and FF management the timeframe they are looking to acquire.
But Keith has sent a very strong message to such micro caps that their upward valuation will stick and it will be become more profound after closing the 2 mergers.
On dilution, I have made up my mind to see dilution upto 1B equity. So a stock price of 1$ would mean market cap of 1B. Take fmt target with grain of salt.But till that happens we should have lots of opportunities to bring our cost of acquisition down to very cheap levels.
GSB