RE:RE:FDR: moot points vs. bridging the gapYes, I too was wondering how much of our current selling came from warrant holders seeking to ride for free on their warrants. Or just exercising without wanting to use new cash to do so. Some people like to keep separation between their various investments – an understandable policy. If maybe not the best one here at FDR.
NextLeg, you are indeed serious about Founders. Not that I ever doubted your sincerity. And you’re right – life never works out perfectly.
My own cost base is $0.48 now, but I’ve made some expensive errors in my accumulation tactics. Ignoring others’ options, warrants, and performance shares, I would guess I rank somewhere in the top 20 biggest shareholders, though probably below the top 10.
Gold prices may yet give FDR a boost, but we should do fine even without that.
Always glad to hear your thoughts.