Friday, June 25, 2010 3:54:25 AM
Little DD post
WILL go up today.
FFGO is a company with 2 massive gold assets but it's still in the ground. FFGO will finaly sell the property and give a one time extraordinary dividend. The dividend is about 0,0037 now with the gold price at this moment.
What i expect
I expect the pps will rise to july 5th and after really shoot up. The stock is only 0,0001 now and the divvy is going to be 0,003... imagine. Next to the divvy there will be the pps rise so there is a lot of chance of making huuggee profits.
Sharestructure
The company stated that they won't change the sharestructure before and during the sale of the properties. They took down the AS from 5 trillion to about 87 billion. But only about 9 billion are in the free float. In my opinion they are not diluting becouse orders take time to fill. If they are activly diluting your order will be filled 0,0001 second after you press send. With the above statements you really have to be a doom thinker to suggest they are still diluting.
The deal
FFGO stated several times the deal is done now and states several times that they needed to wait on the audit of the public buyer. The audit will be done on or before july 5th. At the same time the divvy and record date will be announced and the big pps rise will start.
FFGO had tons of delay's but the deal is done now... We where only waiting for the audit tic-tac what will be done on or before july 5th.
This is a win-win-win situation.
Oh and don't forget to sell after the ex-date
WILL go up today.
FFGO is a company with 2 massive gold assets but it's still in the ground. FFGO will finaly sell the property and give a one time extraordinary dividend. The dividend is about 0,0037 now with the gold price at this moment.
What i expect
I expect the pps will rise to july 5th and after really shoot up. The stock is only 0,0001 now and the divvy is going to be 0,003... imagine. Next to the divvy there will be the pps rise so there is a lot of chance of making huuggee profits.
Sharestructure
The company stated that they won't change the sharestructure before and during the sale of the properties. They took down the AS from 5 trillion to about 87 billion. But only about 9 billion are in the free float. In my opinion they are not diluting becouse orders take time to fill. If they are activly diluting your order will be filled 0,0001 second after you press send. With the above statements you really have to be a doom thinker to suggest they are still diluting.
The deal
FFGO stated several times the deal is done now and states several times that they needed to wait on the audit of the public buyer. The audit will be done on or before july 5th. At the same time the divvy and record date will be announced and the big pps rise will start.
FFGO had tons of delay's but the deal is done now... We where only waiting for the audit tic-tac what will be done on or before july 5th.
This is a win-win-win situation.
Oh and don't forget to sell after the ex-date
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