GREY:FEVCF - Post by User
Comment by
hjangelon Jul 08, 2009 3:06pm
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Post# 16125306
RE: RE: Looks like its all over- close the door be
RE: RE: Looks like its all over- close the door beThe whole market is selling off today big time. Not sure what is going on with FTE shares - whoever wanted out, wanted out in a big way, but every share that was sold off was bought (3.5 million) so some institution or even a couple of them are expecting the share price to recover from today's levels (hopefully for those still holding lots of shares, its sooner rather than later).
The cold wet late spring weather seemed to set sales of product back and the bottom line clearly shows the lack of spring sales. Used the worm poo on the front flower garden and its bloomed marvelously despite the cold and rain, even all of the Iris have had a terrific bloom and the plants are all very healthy considering their intolerance of prolonged wet conditions. The product is great, reasonably priced and works fantastically, but the challenge for management has always been to market it effectively and develop an ongoing established customer base IMHO.
GLTA - HJ