GREY:FEVCF - Post by User
Comment by
pumpndump41on Dec 16, 2008 10:03pm
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Post# 15650450
RE: Advantage Forterra Yes & No
RE: Advantage Forterra Yes & NoAgain, you make a good argument FOR FTE, hjangel.
I'm going to keep FTE on my radar. I'd like to see bigger sales contracts, but of course if that happens, the stock won't be sitting at .04. Still, I'm not convinced 100%, but I still find this one interesting.
The market will eventually improve. It's important for companies to have enough cash to weather the financial mess. I will agree that FTE's product is less effected by recessionary pressures than others, so if they can astablish a decent cash flow, they may do well.
Good luck, and thanks for the insight.