First American Scientific Corp. (fka FASC)

[TRCPA]

Sam......you won't be able to keep it down forever. Our time is coming.

Here was a down-and-outer that I got into a couple of years ago.
Fannie Mae-FNMA. It sat at about 25 cents for the longest time; the housing market was in the tank, the feds were talking about closing their doors, and they owed the government a ton of money.

But they also handled almost all of the 30 year mortgages. So I figured when the housing market would start to come back, they would be doing just fine. And the talk about closing their doors would also subside.

They just reported record profits.

And today the stock went over $3.00/share.

I don't say this to try to establish any brilliance on my part.
To me its just common sense, nothing more.

As for FASC, it has a lot of things going on; this is nothing new.
It has run into a combination of bad luck, bad timing, and sometimes bad market conditions.

But there is too much smoke out there to not have the eventual fire out there that we are looking for. I am convinced, more than ever, that it is coming.

Again, not brilliance to any degree at all. Just common sense, IMO.