Replies to post #1801 on Fuego Enterprises, Inc. (FUGI)

[Squeegee_1]

Harley, do as you must, but look at the chart. We are sitting at .50 support. Was this a swing trade or an investment?

Funny how some volatility can rattle the nerves. This stock is not about where you are today or even next week, but how well situated you are when Fuego posts earnings and gets recognition.

Your posting to a board filled with people who were holding at way over a dollar from when we first opened. Most of us have compunded or positions and are sitting on multi baggers. Did we freak when we were down 90% sitting at .10 just a few months back... Nope we loaded the boat, because we have confidence in our due diligence and the company.

Just do yourself a favor and call the company and ask for some time to talk with Hugo, the CEO. This is a step one should always take when committing to an investment.

Ask Warren Buffett if he buys charts or people. He will answer that he buys exceptional people at a discount. Thats FUGO today and anything you get below a dollar is going to be golden very soon.

You sell at .40 and I will be buying them!

[Thinman13]

In the .40's is where I'll be buying more Harley... but you should do what you feel is best. For me this stock is NOT a stock to trade. It is an investment. I have traded for years and have plenty of stocks I buy and sell on a regular basis. This is not one of those stocks. This is a Warren Buffet style buy and hold stock not because of the type of business but because of the people involved, not only Hugo Cancio, but the stellar team of board members he has assembled. I wouldn't care if Hugo was selling cars or lightbulbs. Personally I don't even care much for most music. You trade stocks. You invest in people. Now the fact is that we have had a limited audience in the penny stock kingdom. Limited not only in numbers but in attitude, vision and to put it bluntly, intelligence. The really sharp traders and investors move away from pinksheets and OTCBB stocks as quickly as they can. So do the companies with competent management. The only advantage to trading pennies is leverage but once you start dealing with sizable capital then it becomes difficult to move into or out of a stock that is thinly traded without an excessive influence on the share price. For now Fuego is mired in the penny stock world but this won't last forever. Sharper eyes and deeper pockets are beginning to take note of the company. A single mid range professional investor could allocate a couple hundred thousand dollars to a position in the company and bingo... we would be at $1.50 in a heartbeat. This is likely to happen in my opinion as revenues ramp up and the Beatles/Hendrix news continues to spread.