It's funny but people believe that and call it DD. That along with FB. Also pictures with thumbs up is a very good trading strategy.
With FITX reality and true DD has taken a backseat to serious DD. I would look at FITX at this level from the point of view of Warren Buffet or the like and ask would they believe this company is worth 300 mil or more. I know what the answer would be. Cramer summed it up recently when He spoke about MJ stocks last week on his show. A caller asked about some stocks and (I'm paraphrasing) he said if there are no fundamentals aka financial to evaluate then there is nothing to talk about.
Just being real here. I still can't figure out how people would think maxing out AS from 600 mil to 3.5 mil in 7 months with nothing to show for it is the sign of a well run company and sharp CEO. Especially when a lot of that was paid to a stock pumper. What does that tell you?
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