InvestorsHub Logo
icon url

Dbrown13

07/07/14 3:39 PM

#128714 RE: Logic1 #128713

Staggering pps is right. Wonder what HC talks about when they make licensing decisions? Worried about the quality of the companies they license maybe ?
icon url

Inveigled

07/07/14 3:41 PM

#128715 RE: Logic1 #128713

My current and future valuations of FITX include massive amounts of stock buybacks. Even if FITX only produces 20% of what they claim their free cash flow will be enormous. There is no possible way to reinvest that much cash back into the business initially which will lead to early buybacks of outstanding shares. I agree this all hinges on obtaining a licence however, contrary to short position opinions on this board, obtaining a licence will most assuredly happen. Their time pontificating claims of elevated knowledge on the subject of FITX is quickly coming to a close.
icon url

strategicinvest

07/07/14 3:46 PM

#128717 RE: Logic1 #128713

I agree, still a long with only house money but it seems FITX's BD is getting larger... the current BD is good without these new guys IMO. Every time FITX goes down, Bill adds new people to the BD and the PPS rises, it works last times cause the last 2 or 3 BDs were crucial to FITX future development, I don't see the same for the these new 3 BDs; except more cost to the company (us shareholders).