Post by
PrivateEquity1 on Jun 22, 2016 11:00pm
The market speaks whether we like what it says or not
Never said I was valuing the company anything. We see wildly undervalued and wildly overvalued companies on the markets every day.
Should FAS be worth more based on fundamentals, yes probably. But the market sees a company executing badly in an uncertain environment. Even the good news on legislation lately has done nothing.
Speculators have moved on.
And we are down 30% since the roll back. So my advice to not buy at .02 pre roll back was sound.