RE:RE:RE:RE:RE:BoringAgreed to a degree Trans lol, I don't think there is much we really disagree on...we are here for the same reasons and have been for close to the same period of time...we both see the value in this company and have invested a fair chunk of change based on that belief...we both know the SP is headed much further north and would prefer it not as far south as it is now and has been.
Where we differ is it cost me more green, probably double or close to it, for my shares.
We will both be here for a much better pay day and may be taking a little profit by year's end...I appreciate your's and many other's contributions to the board, it has been a pleasure and I look forward to much more as we await the rewards coming our way over the coming months/ years, JMHO...Opt Some
comments below.
theTransporter wrote: LOL - We always end up to the same conclusion in our rerponses to one another:
YOU: FIRE is perfectly valued,
perfect is to high a bar for me,if not, overvalued based on CURRENT revenue and they need to prove themselves to bet worth more whcih I'm perfectly happy to wait forever for.
ME: I get that,
but my argument is NO ONE ELSE is valued on CURRENT revenue,
ALL others are being valued by a different set of rules. They are being valued on current AND
FUTURE forecasted revenue based on growth plans. FIRE's valuation is
not taking any of its
known future into consideration.
I don't see Fowler/team interested in any artifficial valuations, SP or otherwise, I think their focus has been on quality product at a competitive price and once they had the likes of Canaccord and BMO sold on the business model/plan the rest is all based on the product produced and the costs of that production...as long as they handle that end the SP and success will follow. Focus and deal with what you can control. Why are MM's holding just FIRE down? MM's are everywhere but I believe other companies know how to connect with big money investment and the mass markets. FIRE has not been able to do that.
I think this speaks to the quality and strength of the of the whole FIREstory and that this company and business model/ plan oozes success and big ROI. They realize that this company is going to rise strong on it's own merit and the usual smoke n' mirrors bullshite is not required...too many shares in stong hands and have been for some time, including you and I along with many other longs. Would you keep sayign the same thing you said below if this stock price is still under $2.50 six months from now?? How long are you willing to wait? They need to translate their value into their stock price which is something they have not been able to do and I'm losing confidence in their ability to do so.
If the SP is that low 6mos out I will be shocked and depending on the reasons I could very well be gone. At the end of the day, all stocks consider revenue value into their valuation. If not FIRE, then something is seriously wrong.
This is trur for those trying to find and keep investors, FIRE does not have that problem even at the current state of affairs weak hands are all but nonexistent and you can't find any justified critisism of the company by the investment community/ media but rather everything is toting FIRE as a top tier company by any and all standards. OptGreen wrote: The answers remain the same Trans and the MMs are going to continue to suck out as many weak hands and those that have had their fill of the wait....there has to be millions of shares in long hands and they will grind away until they get them all or as many as possible in lieu of.
Without substantial material news nothing is going to change....this is actually a good thing as it speaks to the strength and support for this company in the industry and the markets, stock and retail. This is a $30mil a year company and based on that it is overvalued and the SP is to high, as the business plan and plant/ equipment are geared for 10x that in yearly sales/ revenues. Until we see the fundamentals start to meet targets/ estimates the MMs will control SP levels and set them when and where they choose...and the longer this goes on the more longs will sell at these bargain basement SP levels.
I am as tired of the wait as anyone but I can not change it except for selling and moving on and that is not an option I will exercise at these SP levels unless there is some material change in the company and/or business plan....as long as I am not willing to change and sell I am not going to grind myself into dogshite being upset, driven by the wait.
We need to see sales start to hit their stride and there is no indication that they will not meet targets and estimates but rather more to the contrary...this is a $2-300mil a year company at a minimum and I have to wait or lose that potential. Everyone needs to do their own DD and make their own choices, all the best in the direction you and everyone choose, JMHO....Opt
theTransporter wrote: It's just the same bullsh1t from this company due to lack of an experienced CEO.
They have a solid business plan that they are executing on successfully, they just seem so clueless as to how to make their potential resignate with the investment community.
End the day, there is a lack of awareness and education in the market and that falls on the responsiblity of the CEO and PR guys from Bayfield who have proven to be fuc.king useless!!!