RE: RE: Thoughts?great post jharbaugh...even though i am not a day trader/flipper i really appreciate your insight into that sort of investing and can see why you believe fut is well positioned to attract a lot of interest from momentum type investors.
the trading yesterday and for the past 4 or 5 sessions has been nothing short of incredible in my eyes. i have sat with this stock for quite some time and it was not uncommon to have no trading days and no bids -- so why did i stay here. i believed that the value proposition that fut was and is selling to small and medium sized businesses was real, defendable (they have an exclusive contract with aeroplan for this market) and unique. in my mind this is an execution play -- can mgmt execute on a great opportunity -- my bet is that they can...and so far mgmt has proven they can execute with the great relationships they have fostered with the likes of carp, tada and all the branded retailers they have signed up (active green and ross, pj pets etc etc)
the trading to me indicates that there is now more awareness of fut -- first it comes from the computers, then the flippers and slowly the longer term holders....as mgmt proves to us that they can execute there is no reason not to believe that the numbers will continue to improve. that is not to say that i would expect a straight line up -- business is lumpy in general and straight lines are drawn by people like madoff....this will be higher in 6 months than it is today - who knows what tomorrow brings though.
that's my 2 cents....i expect better things down the road but am not willing to predict the next quarter or two...i expect continued volume on this which will only be good for us investors.
glta