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Re: I believe post# 54184

Wednesday, 01/08/2014 6:52:53 PM

Wednesday, January 08, 2014 6:52:53 PM

Post# of 194820
I've been trying to tell people this forever. Glad to see some get it. We all know that penny stocks trade on much different dynamics then blue-chip stocks do. They trade more on popularity, momentum, and future earnings potential based on what their business strategy involves. Investment is generally purely speculative. However, when those speculative business strategies come to fruition and become tangible, as is blaring happening with FITX, that changes the situation dramatically, and favors the long term investment strategy in the company for best financial outcome. They don't trade primarily based on low share structures, or financial reports, because they're all absolutely terrible to look at the numbers of both of those factors on this exchange. Of course, if these factors are favorable, that's even better...but rare in penny stocks. With projected earnings of FITX from medicinal marijuana alone (not to mention their significant sports supplement subsidiary), those terrible financials and share structures can be abruptly and dramatically improved with a sudden huge revenue surge, share buybacks, cancellations, etc. This is why the stock is now attracting many more long term investors, because they can see those coming earnings which will change everything. I frequently observe a direct relationship between the amount of focus someone has on the share structure in a penny stock company and the amount of missed opportunities they accumulate over time...

FITX
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y