Fuse Science Inc (DROP)

[LG6]

market macros, do not look good. Spain was downgraded again last night, by Moodys, to slightly above 'junk status', following Egan's downgrade to JUNK. Overnight Spainish bonds touched 7%, and are hovering just below that number, right now, which is a high cost to borrow more money. Italy, also has surging costs, hovering below 7%, as well, which is hurting their borrowing ability, too. Add the Greek elections this Sunday, and the run on the banks that have been going on in Greece, this week, leading up to those elections, and the world wide news, is clearly negative. Rumors of doom and gloom, are all over the place. Of course there is more bad economic news, including here in America, but that is enough dark cloud talk, for now, and I am sure everyone is already aware of it, and can do without more detailing.

Personally, I would hope Aksys and Capt Tripps are correct, that all this ongoing bad news, is already baked into the cake. I am really surprised U.S. futures, are basically flat at the moment, and we will see how the 8:30Am announcements, affect the morning opening, but I hope this supports Aksys' and Capt's opinion, and they are right.

The nicest part of all this doom and gloom news, is that it is outside of, the continuing good performance/execution, of the Fuse company. I continue to have a good feeling, that no matter what the overall markets do, as long as they don't fall off the cliff, DROP stock will be a sort of safe haven, for those who 'need' to be in the markets. Regardless of this stock being an OTC, and slightly diluted, the future is fundamentally positive, based upon their execution, so far. Hope this continues, for all our pockets.

The numbers just came out, and they are worse than expected. Initial claims missed, 386K vs. 375K expected; Current acct balance missed, $137.3B, vs $130.9B; Continuing claims missed, 3278K, vs 3275K; CPI fell by .3%, which is the sharpest decline in 3 yrs, and better than the expected -.2%.

Basically, the futures hardly moved, after a slight drop into the red, they are back to slightly green. The continuing LTE (less than expected) news/economics, is probably causing more support, to the 'fed' coming to the recue, next week, with another QE. Keep in mind the old saying, "don't fight the 'fed' ".

Hope this boring stuff is somewhat helpful.

GO FUSE!
GLTA