rj2 - I try to look at short term risk/reward ratio as far as FASC is concerned. Another thing is "What do I think, and very important, what does the market think--and is there any diffrence"? Right now I see FASC as a possibly good short term investment--but for nimble fingers.
Why? - Something good just might come out of Prince George shortly. If so--a bounce to .028 to .03--or doubling is llikely. The kicker is--"Does FASC finally have the potential for horizontal sales? Does this "niche investment" have potential with other municipalities that starts to show finally some reality to trasferable and buildable sales in this niche? Is this transferable, as TRCPA states, so that this could transfer to other countires like Korea? Don't know. But if so,investors would support a reverse split--possibly 10/1?
Then how much dilution, so to speak, will result in paying off Cal, etc. in loaned, deferred salaries, etc due? Don't know.
I do believe this. If good news, there will be a lot of testing and dumping of those waiting to get a little of their losses back. So a possible strategy, might be buy now, sell 6 to 8 days after "good news". Then rebuy possibly for a longer term consideration on the technical restesting of the lows.
Management has been miserable, and I think disrespectful, to investors. But this is factored in price. I am shortly to sell another investment for capital. And FASC, depending on what occurs in the next few days, just might be a place to put very short term funds. A 20% downside --from present price is the short term risk factor--if my thinking is right.
These are my thoughts. Waitedg
AI
