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Absolutely, that's what I was thinking. I work in loss mitigation...time to put those skills to work, lol.
Any guesses as to how much this is going to drop on first day of trading?? Been preparing for an 80% drop. Any thoughts?
You forgot Nikola Tesla and free energy!
Now that you bring it up...it is rather strange that the SEC decides to pursue FSPM right after earnings(which aren't outlandish as a scam would be). And FSPM of all companies?! Really? I mean there's so many out there that you know are blatant scams just by their never-ending pr releases but no let's go after the most legitimate company and offer no real basis for doing so...I'm not selling a share.
Agree, even if the company is in the clear it will stil send the pps downward substantially.
Let's not start bashing the SEC, they are doing their job and respect them for it. Sure, I'm going to have a heart attack come end of month(still long and forever will be until proven otherwise), but in a way this can be a positive. Assuming the SEC absolves the company of any wrongdoing, we don't have to worry one bit of FSPM being a fraud. We can find comfort that the SEC investigated them and found nothing. Keep your head up longs!
Completely agree. All they said was, " Because of questions regarding the accuracy of assertions by FusionPharm concerning the company's assets, revenues, financial statements, business transactions and the company's current financial condition." Seems pretty freaking broad to me and it's not really saying anything. What exactly wrongdoing are they accusing them of?
gchammer,
I hate to see you crumble like this man.
I'm glad someone else is keeping their composure. Why is everyone assuming just because they got halted that it MUST be a scam??? Where's all your conviction at?? Geez. Will the price drop even if they're in the clear? Yes, but ultimately I believe in the company and their legitimacy.
Annd why is he here??? That's a great mystery I don't care to solve!
Not only is this huge but so very doable!
So, if 10 containers were shipped at an average of $30,458 each for Q1 and we already have 6 delivered for second quarter and 8 awaiting pick up...add an additional 6, brings a total of 20 containers for Q2 at $30,458= $609,160. I'm okay with this number ;)
This period needed to happen so we can once again have another run...my guess is come fall time. Until then, I'm more than happy to wait.
"By the way I have a feeling that some of the pumpers here are insiders or having close tie otherwise how comes anybody knows that there are 2 or 3 auditors on site and at the same time other folks are looking around and doing research for a "huge pharmpod" location or the physical addresses of company and customers which should be relatively much easier to find".
You just lost all credibility after that.
Indeed. I've prepared myself for a possibly late filing.
Gotcha. I pumped 2,000 more shares a couple of days ago...at 3.10. Might have jumped the gun a bit. Averaged down to 3.5 though.
I don't like to say things unless I'm certain but this is definitely not picking up tomorrow. Same routine, brother. Small gain at the open then down rest of the day. Still long btw, lol.
Oooh, I'm sorry. I've been studying all night and day for my Masters in Accounting. Not all of us have the luxury of being a high school dropout with nothing to do but check spelling errors. Once again, I apologize.
Hey LoserAlright,
Suggestion for you. Why don't you go ahead and right down all your concerns, feelings and any other bottled up emotions in a diary and keep them there. You sound so whiny.
I have a better question. Why are you in FSPM if you believe they don't have any current outside customers other than the one features on Fusion Pharm's website.
Your mom.
Dumb.
Poor you. You are such a victim in all this. I have no sympathy for people that victimize themselves in situations. I'm sure this isn't the only area of your life you like to play victim. Grow up and take some responsibility.
Yes, there are issues and concerns about this that makes even me a bit uneasy but you forget...it's a pinky. You expect this to behave like a blue chip. And it's okay to voice your concerns....but not over and over and over and over again.
You're like a hitchhiker asking for a ride but complaining the whole way to where you're going.
Why are you still hanging around here then? Move on to a real company that's not "bogus".
It's quiet...almost too quiet.
About the volume...that's the reason I bought.
Just bought me 2,000 shares at 3.05. Here.we.go.
That's the dumbest thing I've heard all year. C'mon man, you're better than this. Try again.
I feel like this thing wants to pop. About to unleash the fury!
Let me ask YOU a question. Who do you think you are that you feel anyone here owes you an explanation or should give you a reason as to why you should invest in the stock? Decide yourself and move on dude! Stop basing your decision on someone else.
Some of your points are valid but to my question again though...why keep asking questions to which no one has the answer to? What are hoping to extract from your audience? I am comfortable with not knowing some of this information(please withhold judgement as to my decision) and to say I'm blinded by the money I lost is pretty illogical. Trust me I felt the pain of seeing/holding from $9 to $2.5. If he was committing fraud, I believe he would be doing it on all fronts including financials and pump and dumps. Think about it. Why would a crook just stop at financial statement fraud?? He could make way more money with pumping and dumping campaigns, no? Ooor you could very well be right and I'm just in denial ;)
Therein lies the risk. No one knows for sure but that's part of the risk/reward equation, isn't it? What good is it asking a quesition to which no public information has been made available though?
It's funny how two people looking at the same thing can see two totaly different things. They haven't done any business in a while? I'm sure they have but they're not going to put out a press release every time. As far as "regain shareholder trust"....when did they ever lose it? What reason have they given to lose our trust? And this is the part where you say not enough PRs. I for one think they put out press releases when warranted instead of for every little thing. I bet if they did start doing that then people here would say "Oh, see. It's definitely a pump and dump". There's just no satisfying people. Wouldn't a constant barrage of updates scare investors as well since it will be portrayed as a pump and dump?? I actually feel comforted in knowing they're unlike most mj stocks with their incessant barrage of fluff.
I respect that, but to say they "ran it into the ground" is grossly inaccurate, don't you think? Not sure what part of their business you feel they ran into the ground, but okay. I partly feel a lot of you are bringing up questions not necessarily for feedback but to spark doubt and get the pps to come down. I guess deception is part of the game!
I can understand you being hesitant. My advise is don't invest in the company. That simple. No more worries for you.
Might be superficial on my part, but I find it very unreliable to listen to someone who can't spell. If you're going to bash at least take notes from TraderGash. Rookie.
Lucky you. Just waiting to sell my position in ZU and pump it into FSPM. One more week.
Not bebore I get my hands on 3,000 more shares!