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Re: Nthbtruth post# 116311

Wednesday, 05/07/2014 7:03:05 PM

Wednesday, May 07, 2014 7:03:05 PM

Post# of 194799
The only way that I can see it changing is if they do a stock buy back. If FITX had the money, for a buyback, they wouldn't have needed the private equity stake to build the facility. The other route is to make a lot of money. They are in a growing market and have a pot factory so they have a great chance of executing. We are all invested for future earnings. That said the stock has held up great considering how the rest of the sector is behaving. I do think the stock is fragile. If they don't get the license on the first round the stock will hit .04 again and probably bounce around.