GREY:FTPLF - Post by User
Post by
OptsyEagleon Jun 06, 2011 5:35pm
123 Views
Post# 18677733
I Guess There is Nothing Wrong
I Guess There is Nothing WrongI asked many, many times for anyone to post anything negative that is fundamental or tangable, other then the stock price dropping, and I got nothing. So it is pretty safe to say that all the selling is simply because of all the selling. Investors got tired of the downward price action and acted on their gut feelings when they probably should have takien an alka selzer.
This type of selling always dissappates in time. I feel good that no one found anything wrong (if you come up with something please let us know). I was a little worried there for a while. Since most of the people who have sold will need to find a stock of better value then FTP, for all that cash, you can be sure that as the upward momentum begins again, many of them will be buying again. If not, your current investment will be recouped by the companies profits in 4 years and you will still own a great company.
I look forward to 2012. You should too.