Responding to agathos email regarding all the chat about FFF I have decided to do a post. Seems I have been the only one lately.
I have been watching the stock daily and been abserving the seemly endless number of selers and very few buyers in the stock. As a result the price has had nowhere else to go but down!
Wish I had some cash to buy at these low levels as the stock is now cheaper than the recent offering that was made. I have not seen any Directors either getting in or out of the stock so that still leaves Mark Flack and Mark Forsyth with a substantial holding in the company. Those guys will be doing everything to drive up the price again. Check the latest report to see just how many shares they own each - Forsyth shares are held in his private company called "eyemouth" or "foulmouth" - I always get mixed up which one he is... I did here he was visiting Dubai last week - Could that be to see a foreign bank to sell to? Who knows, but it is an unusal way back from the UK for him.
The rumor mill has been very quiet of late, maybe the executives have been keeping their mouths shut and their dicks in their pants. I am sure something will be in the pipe soon.
The buying of loans book seems to be a good investment as the returns are excellent - better than buying stocks at present.
I am still holding and not selling yet.
Note: These posts are for entertainment purposes only.
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- nothing but sellers at present
nothing but sellers at present
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