Hey Guys! It’s been a while I have been enjoying some time away in New Brunswick and Nova Scotia on vacation. I have been following the market however not nearly as close as I should be. Seems as though there is a lot of fear in the market right now, however I don’t feel there is anything out there that is going to hurt FUT business. (example, if another recession happens and car sales fall that will have an impact, however all cars have to have to be maintained and this is where FUT ends up making most of their money)
As I have seen a few other people post about I believe we really need to get the word out about FUT. I think if more people actually did there DD we would see the stock price soar! I have talked to a few friends that are doing there's now, I have pushed them to buy before the Q2 earnings as I feel they should move the stock price.
SHARE PRICE: I don’t think it has anything with the company not doing as well as people may have expected. I think a good part of the .035 shares can be broken up into 3 categories. One of which is computer trading, you can see the ask and bid prices shifting on a daily basis based on whatever the answer is to the computers equation is that given day. The second category is the long-time FUT shareholders which have held from the time FUT was trading at .01 or .015, to them .035 is a nice little profit. The third category is those shareholders that bought in at .06 or .065 that just jumped in as FUT had a nice little bump in a 48 hour time span; I speak of those that really have no idea about what FUT does or is going to do in the future. After the 2 day climb stopped and they have watched the price of the share fall they are now getting out with what they feel is better than losing it all.
There is always a slow period in the summer, FUT is no different, those that have a little patience and can wait until Q4 will be rewarded greatly!
Q2 will be out within the next week, I think the results will show another good improvement and that FUT is continuing to head in the right direction. Hopefully everyone understands that FUT is well on its way to success however not there yet, profitability will not come until Q4 or next year Q1 results. So if you willing to put a little money into the shares now I think it will truly pay off in the future!
All JMHO, have a great day!