bagheera, I put in an awful lot of time on NRES and really believed in it. When the CEO bailed on the property he bought in Conneticutt, it popped my bubble...I bailed.
AS it turned out there was a couple of posters who continually bashed the stock...........AND THEY WERE RIGHT......Oh Well.
As for FUTO: Aside from exit points at .10 and .20 on short plays, I don't really have a feel for what's going on.
Right now, the key seems to be one little line in all the "management discussions.
They are trying to get private funding to get all the creditors off their backs.
But, right now, if profit taking drives the price back down to .01 or .02 level, it could be a very good short play.
If it gets up to a dime, some of the creditors will be dumping stock, which should push it back down.
Then,(again, depending on the funding), there could be another nice run with dumping starting at .20
Underneath everthing is the funding...If they get it and it's good enough to make the creditors, Courts, and everone else happy, it could really run.
On the other side of that, if they don't get it, it could be worth nothing more than a short play or two.
And, of course!......at an entry of .02, if it runs to a dime, that a 5-bagger!..........One can hope.
"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD
AI
