A New Topic Regarding FASC.
One of the things investors need to look at is investor sentiment. FASC is a rare stock in that outside of this board there is hardly any sentiment at all. And, if any, it would likely be quite negative--for all the reasons clearly stated on this board--and with little to none external stimulant to the stock.
This is one of the reasons that makes FASC intriguing. A very few people are involved in any positive thinking. Yet, the overall market determines the price. It is important as individual investors to compare our thinking with that of the market. It is obvious that skilled investors like Warren Buffett and John Templeton, in the past, have become very wealthy by seeing rays of sunshine where others have seen nothing but panic and fear.
I am,for example, just starting to compare JC Penney with FASC. Talk about negativity and doomsday thinking, do a little reading and research here. Added to all the gloom is an investors proposed law suit. Tack on tax loss selling season, and the mass market is looking at what is valued as a lemon. FASC, in some sense, is even in worst condition than Penney. To illustrate,I once taught a Marriage and Family Living Class where I asked the students. "Which is more serious. A newlywed wife has an argument with her husband and she comes at him hell bent with a frying pan. Or the same wife, equally mad, running to her bedroom, slamming and locking the door."
The "right answer",(at least in the mind of Prof Waitedg),was the wife slamming and locking the door--because coming at her man with a frying pan, she was at least still communicating!
JC Penney--as negative and dismal as its outlook--is still communicating. FASC is not--except though a few here. But everything is reflected in stock price. And this is one reason that makes FASC such an intriguing stock.
By the way, JC Penney has an Ihub Board. I just put an hour or two of DD into it. For those interested, it is starting to intrigue my long shot mentality. Waitedg
