GREY:FASDF - Post by User
Comment by
Geckom24on Jan 05, 2017 7:06pm
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Post# 25673003
RE:RE:New to FAS
RE:RE:New to FASThanks Smiles
I appreciate the response and see that there are many disappointed SH here and rightfully so!
I more or less stumbled upon FAS looking into the space and was interested to see how much downward pressure the SP has seen since its highs of the year. I do like their website and was thinking that there could be some more M and A in this space. I am a bit of a severe Value investor. Recently I found TTD a printing company with similar charts to FAS and it turned out to finally get traction and take a run. That wasnt before this similar and seemingly never ending downward pressure. I guess its somewhat of a gamble since we are blind a bit on how its going to finance but I think that if this company ever did get some traction that its SP is so low we could see a nice ROI. I was also of the mindset that generally this time of year would be one of the biggest quarters for revenue and am interested in seeing there growth YOY if they are still ahead of Yahoo and a few of the other small fantasy sports sites.
Think I will be taking a small position tomorrow and do some heavier research before I make a decision on if its going down or if we have a chance of large upside
regardless
TY for your time
GECK