stock getting smashed, page-3

MJS

I still think its a cheap stock for a company making money in a tough market over the last two years.
Someone has definately been selling stock over the past couple of weeks, you will notice the volumes have been higher. Seems they were prepared to sell at the price of the day and it has resulted in pushing the stock down.
A number of analysis have rated the stock from 11 cents to 16 cents over the past year and a half, I think the stock could easily see these prices again but its not based on the fundamentals you have provided. My prediction is based on the management team put in place to build and acquire other similar operations and then leverage these aquistions and association with their web based mortgage tool they have acquired - sorry I have forgotten the name of it but its a good tool and a cheap model.
It is this model of selling mortgage and the substancial loan book that has been established that will entice a bank to acquire them. It could be a new bank in the market who wants a foot into the market or an existing bank who wants some market share and the model to sell mortgages cheap online or over the phone.
The companies CEO has been appointed to build the company up and then to sell it to the highest bidder - make no mistake about it, he is not from the finance industry and does not care about anything else but making money for himself - He is one of top 10 share holders and has shares in his own name and the name of his personal family trust called "Eyemouth". Of course he is the sole beneficiary of the trust. Other managers\directors also have shares holdings of note as well.
Forsyth has openly stated a broker confernece that he see's FFF becoming the arse end of a bank - his comments went down like a lead balloon, hence someone told me about just how arogant this man is, but this is how you make money!
FFF have also been buying loan books at discount prices after they sent letters to brokers that they would be charging hugh admin fee's - the highest in the industry.
This info is all publicly available and share holdings are in the annual report.
The property market is quiet at the moment, but if history repeats itself then it won't be quiet for long. I am a buyer at these low prices and will sell the day of the takeover!