FFGO - AlanC, Those with patience and with disposable income to risk, are the kind of investors who sit patiently in plays such as FFGO. Majority of those buying in are doing so willing to risk it all for the opportunity for the planned 3400% dividend payout.
Many years ago, prior to MSFT giving APPL $100M in cash to keep the ball moving, I was accumulating shares. Many of the experts on CNBC and in the WSJ were telling investors that BK was right around the corner, that selling was the best thing they could do. Withing weeks, the stock popped and I sold. Looking back, I wish I would not have taken the quick short-term gain. For if I would have been patient, my return would have been many many multiples of what I made.
Lesson learned was, if you have done your DD, and you see value, then put up the risk, or shut up. Those experts suggesting sell sell sell and BK BK BK really wanted to load up on as many cheap shares as they could.
Very similar situation here with FFGO. Many experts are hoping to induce selling. While they are, I am adding.
Tic Toc
Please research all stocks before investing. My post are my opinions and are not buy or sell recommendations. Always force market makers to cover their shorts above what you paid. Build wealth for fellow iHub'ers!
