Fortune Industries, Inc. (fka FDVF)

[Sam'd'Mil]

$FFI .49s Kabooom today!!!




This is truly remarkable.  The internet is on fire with talk about FFI, and we had yet another catalyst unleashed late yesterday evening.

 

Take a look:

 

http://www.benzinga.com/trading-ideas/long-ideas/13/03/3426307/benzingas-small-cap-movers-for-monday-march-18-2013

 

Leading financial media site Benzinga.com initiated coverage of FFI yesterday around 7pm, listing it in FIRST place as its top Small Cap Mover under their "Long Trading Ideas" section.

 

Benzinga.com is HUGE!

 

This has only happened one time before, when Benzinga.com covered one of my past picks after it had a huge Day 1, and also listed that stock as its #1 Microcap Mover.

 

That stock was WNYN, which up until CNCT was my best winner of all time.

 

But WNYN was #1 under Microcap Movers.  FFI is #1 under SMALL Cap Movers. 

 

That makes a world of difference.  Big time money like hedge funds and the like do not, generally speaking, touch microcaps or anything on the OTC market.  Big time money LOVES undervalued, catalyst driven, big board plays and FFI should tickle the buying bone of some of the biggest players on Wall Street...something my other picks never even have a chance to do.

 

 

I believe there literally will never be another play like FFI again.

 

 

The power of FFI, and why you'll likely NEVER see anything like this again, can be summed up like this.

 

 

Most times when there is a "pick" issued by a newsletter (including mine), there are insiders who want to sell some of their stock to you.  With FFI, the company insiders actually want to buy your stock from you...and at a huge premium to the market price.

 

 

The insiders at the company know they have something extremely valuable on their hands and are willing to throw a few small time investors a bone and hand them what seems like a huge profit in order to gain control of their stock, take the company private, and gain almost total control over an extraordinarily valuable private entity.

 

But the shareholders seem unwilling to be bought out, even at, as of Friday's close...a 205% premium over the market price.

 

It almost sounds too good to be true, but their very recent SEC filing confirms this is what management is attempting to do.

 

While I certainly would NOT rely on a deal like this going through, it certainly is a major catalyst for extreme trading gains.

 

Why would it not go through?  Because many shareholders feel the price offered of 61 cents is a rip off.  This is a fact.  I did some research and was able to find that some shareholders have gone the route of threatening or actually filing lawsuits against management, alleging that the 61 cent price offered was indeed, a rip off.

 

While it's tough to determine what FFI could be worth exactly, the rare assembly of multiple extremely powerful catalysts would suggest in my personal opinion that its share price could easily exceed $1 or more in the near term.

 

Take an already extremely small float, add the fact that insiders actually want to BUY that extremely small public float back from shareholders in an attempt to take the company private at a steal of a deal, and enrich themselves greatly in the process.

 

I say we tell them to take their lousy 61 cent offer and SHOVE IT!

 

Just joking, you should of course consult with a licensed professional and make prudent and risk-minimized investment and trading decisions.

 

But I'm not joking about real actual shareholders being outraged at a 61 cent offer.

 

(Remember, companies can use all sorts of tricks to get out of paying you anyway.  So I would not rely on this offer, and I personally instead view this as purely a major catalyst for potential immediate term trading gains.)

 

So if the big boys aren't liquidating stock, and want to buy up the little bit is out in there in the public float...could this end up being the biggest rally to hit the NYSE MKT in recent history?

 

Only time will tell, but I certainly can't recall ever seeing so many powerful catalysts going off at the same time.

 

Read my recap from yesterday's close below to learn about ALL of the massive catalysts, from being yesterday's #1 gainer in the Big Boy market, the upgrade to the ultra-rare 100% BUY rating at Barchart.com.  From the super low fundamental ratios like P/E and P/S, to a float that is so tiny that I believe triple digit gains are headed our way AGAIN today.

 

I've never been this excited and I'm begging you not to miss this one.

 

 

 

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What a day!!  Truly amazing, yet again.

 

Before we talk about the huge news, my little "secret" I was saving for Day 2, let's talk about what happened today.

 

FFI was the #1 Gainer in the NYSE MKT!

 

#2 Gainer was up 15%, so let's just say FFI may have gotten a little bit of "extra attention" for its performance, and that will cause EVERYONE to be watching FFI for a further breakout tomorrow.

 

FFI hit a high of .77 today, representing a 285% gain!

 

That's a gain of 166% over the open, and we're just getting started.

 

At the close, FFI was up 145%. 

 

Triple digit gains may be common on the OTC market, but on the NYSE MKT it's something you almost never see.  This WILL blow everyone out there away, and create a HUGE audience for tomorrow.

 

Do you know how many people check the day's top gainers for the NYSE MKT, compared to how many check the day's top gainers for the OTC market?

 

I'd imagine 5-15x more traders check what's going on in the NYSE MKT than check the OTC market.

 

Despite the fact that a lot of big newsletters released a lot of "big picks" today, FFI still traded record-breaking volume.  With huge winners, volume tends to increase each day.  If FFI stays strong, and tomorrow's volume is as big as I think it will be, today may have just been the tip of the iceberg.

 

And unlike iceberg lettuce, which has no flavor and virtually no nutritional value, this iceberg is teeming with flavor AND nutritional value.

 

 

FFI also topped many lists today that track the market's overall best performers, regardless of what exchange they trade on.



 

That's a LOT of buzz for FFI that was generated today.

 

I love the way FFI looked as the #1 Gainer on TheStreet.com, famous as the site of Kingpin Jim Cramer: