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Saturday, January 19, 2008 10:14:13 AM
Remember that the company does not have control over their share price. That is a systematic display of market conditions and shareholder enthusiasm. None of us would have ever thought that .25s would cross the tape ever again, but that it not uncommon in such a thinly traded stock. All it took was one seller to exit and the stock tumbled. Thats life in the fast lane and the defense in a situation is knowledge/confidence in your investment. Emotions thrive in uncertainty. I was a buying fool at the bottom of the chart a few months back while only 6 months earlier I was holding shares that I were worth well over 1 dollar. If I had the money and it did not conflict with the financial limits I've set for myself, I'd be buying the snot out of FUGO under .50!
This is not necessarily a "tradable" stock at this point in its life cycle. This is a stock that you invest in and accumulate because your research shows that in the next 2 years the company is capable of generating up to 3 million in revenues per quarter and in 5 years could be anyones guess how high or where Hugo could take us. The 1st quarter revenues for 2008 will be greater than the entire last 2 years!
Look beyond the trees and see the forest....
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