Post by
541house on Mar 05, 2021 7:10am
so if Im looking to buy FIRE what do I see at 1st glance?
I look at recent NRs and see 3 money raises and dilution, I see 1 quarter with sales up,I see a deal with shoppers in NOV, I look at the chart and see it had a reddit run from 17cents before all the dilution to 50cents and now down 50 % in a month! As a new investor I PROBABLY pass on fire because of the down trend in the market, IMO.
Comment by
MiningGospel on Mar 05, 2021 7:22am
That's because You are an imbecile who likes to buy SUGR at 0.07 only to sell it at 0.055 hahahah
Comment by
541house on Mar 05, 2021 7:27am
mininggospol, names really? do you feel big and tough behind your screen? grow up!!! Be nice to people you dont know as you dont know their struggles!!! I forgive you as you are probably underwater here and are desparate to get out!! Have a wonderful day!! lol
Comment by
vulcan123456789 on Mar 05, 2021 7:31am
house your relentless.. if your a new investor and you buy at first glance your already in trouble .... if you do proper due dil.. look at the progress.. compare fundamentals with peers your choice would be fire... recent market trends mean nothing in the scope or future of fire..jmho cheers
Comment by
541house on Mar 05, 2021 7:34am
VULCAN new investors dont do that but sure pump away!! In one hand you say dont sell but you put in 2 orders for cheaper shares because you know today will Probably be a down day!! Please be honest!! Dips are good for everyone not just you
Comment by
GustheGreek on Mar 05, 2021 9:10am
Good stuff, I'm also accumulating. We're at or near the bottom. They have lots of cash available for them to play with, I have a feeling something's brewing at the top, possible JV, merger, or even buyout of another LP???
Comment by
viewfromMars on Mar 05, 2021 9:15am
we arent at the bottom yet.....I said we be in the teens by now....so Im off but still trending down
Comment by
Reachme on Mar 05, 2021 9:18am
The ones that always try to get the bottom prices never buy anything but whatever...you must be making money doing predictions I guess.
Comment by
Craiger02 on Mar 05, 2021 9:32am
Agreed Reach! It's possible that we go lower but that's a dangerous game to play waiting for it to go into the teens. Especially for a company that has done 2 raises and opened the ATM back up, all very quickly. I would imagine news coming very soon. They didn't do these so they can sit on cash.
Comment by
VK400S on Mar 05, 2021 9:50am
i wish you were right but it might as well could be just to strengthen the balance sheet and taking advantage of the rally. Really FIRe did just what others did, no different.
Comment by
541house on Mar 05, 2021 7:45am
Nothingtorich! Nice post! Discussion on why to buy! No name calling good points ect. Dilution has not had full effect, share count is still going way up from warrants given away for free!