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Re: archer111 post# 319

Monday, 12/16/2013 7:55:43 AM

Monday, December 16, 2013 7:55:43 AM

Post# of 405
I hope that you are correct about a turn-around, Archer...

The current $13/share price should be near the low given that FSYS has about $3/share cash, no debt, and is profitable, albeit barely.

The problem with predicting a low at this time, however, is that no FSYS specific news is expected until the Q4 CC in March. Thus, I expect the price of the stock will be driven by macro factors in the near term... and it is hard to predict the timing for turn-around of industry-wide and general economy conditions.

Personally, I'm anticipating FSYS stock prices to bounce around in the $13 range until the new year, when tax selling for FY13 will come to an end. Then I expect an up-and-down move to the $15/share range come March... with the moves dependent upon brief responses to newsletter and analyst projections. The Q4 CC in the first week of March is likely to be a binary event that will drive the price up or down 10-25% according to my gut feeling.

The above is purely an emotional projection, I have no firm data to support it.