"value plays" like FASC
LOL!
That's called a category error.
Here's one reasonable definition of a "value investing", the type beloved of Warren Buffett, the world's most famous - and successful - investor:
"The strategy of selecting stocks that trade for less than their intrinsic values."
Sadly the intrinsic value of FASC is less than zero. Over a decade of failure with the same business model has racked up a sizable cumulative loss, and there's no reason - other than unfounded optimism based on extensive wishful thinking in turn based on Internet "research" and second- and third- hand "reports" from the CEO to believe that will ever change.
FASC is a highly speculative gamble, and just about as far from a "value play" as you can get.
While it may be true that misery loves company, I think it's important that potential FASC "investors" are aware of that before they listen to siren voices telling them things that aren't true and then make the wrong decision.
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
