I don't see it that way at all. It seems to me there has been a persistent seller.
People have one reason to buy (make money) and a thousand to sell (bills, margin calls, divorces, etc.).
So far as I know everything is going fine with the company. This decline in price is not due to toxic funding or some other fundamental problem.
I have no idea how many shares are being sold, but they are a finite number and before long they will be swallowed up and we will return to our previous trading pattern.
All the regulars on this board have to see the potential of what FTMR is becoming. While most of our properties are unproven (a day not too far in the future they will be).
What's your estimate for the book value of our properties? I've thrown some pretty big numbers around. Let's divide them by 120 million shares.
$1 Billion / 120M = $8.33 per share
$3 Billion /120M = $24.99 per share
$5 Billion / 120M = $41.66 per share
There will be some dilution as additional funding takes place and additional properties are acquired, but our management team have the most to gain or lose.
They're in the driver's seat and plan to grow FTMR into a monster. There will be a turning point to which we will not look back.
Doubling and tripling our money had been fun. What excites me is the possibility of multiplication. x5, x10, x20?? I think they're all possible.
If you know any company that has this kind of potential, invest in it. Seriously do it.
Not so sure?? Wait on the sidelines until you see $20 or maybe $40 Million... come into the company, then mortgage your house and buy shares with everyone else.
OR buy as many as our seller is willing to sell for $2 a piece.
