I also invest for the longer term, but the person I responded to stated 10 cents within the short term (you seem to agree), which I believe to be irresponsible ramping without sufficient (or any?) foundation. I invested in the company on the basis of what management had previously/recently stated, yet it has more or less moved away from that within the blink of an eye by conducting another CR which has been supported by some nothing statements. In my opinion management has lost credibility and needs to start delivering. The market reaction has been anything but positive, which should be food for thought for the company. I think we could see 6.0 cents early next week. The current SP is already 26% down on an intra day high of 8.4 cents within the last couple of weeks if memory serves me right.
FGO Price at posting:
6.4¢ Sentiment: None Disclosure: Held
(20min delay)