I think if one waits for sub $1 they'll miss the boat. There's too many interested parties to let it fall that far. TFC suffers from being in an industry sector that isn't cool. Institutional investors have, until late, looked down their noses at fields such as Lumber and Gold regarding them as too unsophisticated to develop multiple future earnings growth. That's allowed players on goldies recently to pull 3, 5 and even 10 baggers in returns. In their conceit and disdain, large investors have overlooked the simple benefit of large, stable earnings preferring instead to gamble on volatile tech stocks with some hypothetical market changing dynamic that might occur, or not. And yes, I'm bitter.
TFC Price at posting:
$1.27 Sentiment: Hold Disclosure: Held