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Re: TRCPA post# 29750

Friday, 08/20/2010 3:57:29 AM

Friday, August 20, 2010 3:57:29 AM

Post# of 53982
"this would be a good time for all longs to buy some shares the next few days while we wait for the next FASC news."

From what I've seen most FASC longs are either unconsciously, or in a few cases, consciously over-invested in FASC shares already, in some cases heavily over-invested.

No doubt further speculative buys in the hope that good news, anticipated for many years now, but always just around the next corner, will at last materialise would be advantageous for the company's management and their agents.

However, it might not be the best possible investment strategy. Particularly if you have dependents or heirs to whom you have some fiscal responsibility.

My own view is that FASC's history and the nature of its supporters mark it as a very high risk stock indeed and I would counsel people to review their current portfolios with a view to lightening their dependance on FASC.

Incidentally urging certain patterns of buys in order to influence the pps treads dangerously close to violating certain Securities legislation, and I would also urge caution in this regard.

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