I wasn't overly excited about the "non-binding" aspect is this press release, but other than that, what's not to like?
This is a lot more information and details than we had before.
Some might be cheering and hoping for FTMR to fail, but those of us still invested are hoping in the company's eventual success.
I think rejoicing when another stumbles and falls is bad form. At this point it seems like those who sold their shares early (for prices higher than were trading at now) were the smart ones.
Time has yet to tell the rest of the story. As a friend mentioned to me a long time ago, "There's one reason to but a stock (to make money), and a thousand reasons to sell."
The messure of prudence is always relative and a matter of scale. Everyone's entry and exit poinrs are different.
Those starting a company like this and trying to create (or grow) a profitable enterprise only make money if the company as a whole succeeds. We as investors will come and go.
Watch for opportunities with those you trust.
