RE:slow motion movementAgreed KM, FIRE will be a survivor as long as there are survivors....even at these SP levels it is in the middle of the LP pack today and they are at less than 10% of full production sales. Just on the info from joh et al the increase of product shelved this quarter we should see closer to 10% of production and ~100% increase in sales Q over Q with similar or better growth to full production. News changes everything and we may even see a prelim number prior to FYend report?
'Pandemic' appears to be closer to a seasonal flu, which is ~12,200 hospitalizations and 3,500 deaths per year in Canada....the cases being toted daily are positive results to the testing of which most show little to no symptoms of Covid and we have not had a chance to build up any immunity to Covid yet. Looks more political than a heath issue so far? Masks almost seem to be more designed for rioting than health?
IF the global economy stabilizes, which will be a much different picture if the globalists continue to gain control here and in the US the 'middle class' will be history....have a look at UN 2030 Plan and Agenda 21, of which Obama, Trudeau and most of Europe's leaders had planned until Trump, but still continue to implement daily where ever they can. We may have already seen the last of the 'free and fair election' already in NA? One thing is abundantly clear, folks need to educate themselves well and get out and vote in all elections or we will loose our rights and freedoms. Democracy needs to remain and be protected at all cost. JMHO...Opt
KnifeMaker wrote: I realistically don;t see any major movement until the world economy stabilizes. The risk money is off the table at the moment and will stay off until after the Presidential election and after there is some sort of concensus on the direction of the pandemic.I can see the share price wandering within a 5 cent range for the next couple of months. The shorts will chortle everytime the SP moved down a penny or two and the longs will get excited expecting the take off to new heights for every penny move upward.
I firmly believe this is a long term winner but the emphasis will be long term. It will likely take a year before the critical outside factors are resolved but I also think that Fire is in a good position to weather that year.
JMHO
Knifemaker