FLT $30 Party, page-57

More misunderstanding and misinterpretation.
All that I have done is clearly point out that anyone who is calling for “a recovery to $40” is incorrectly viewing the current vs previous sp-based valuation of the business. There are several who have made this “assessment” and despite it being corrected by myself and others on various occasions lately, the misinformation continues.

This is a thread about a $30 short term sp target, which, as I have said and explained in simple terms, would put the company’s market cap about 50% HIGHER than it was for the entirety of pre-covid 2019.
Why does that “make sense” in any way??
No-one has addressed this. Why not? Please do.

This is NOT a thread about the long term potential value of the business.
If poeple can keep focussed on the topic and not continually deflect from the relevant core principle of market capitalisation and relative MC values that I have noted, then perhaps you can contribute to the discussion and add clarity for any readers who perhaps don’t understand these concepts - which there appears to be several, at least. (Which is fine, btw, we all start somewhere).

There is no need and no point to deflect with calls of “trolls” etc, as this in no way refutes or corrects any of the clear points being made.
No need for any mathematicians, another deflection and exaggeration, the point is that some basic maths MUST be applied to understand that a “return to $40” equating to a “return to pre-covid levels” is fundamentally flawed and blatantly incorrect.

I have corrected this several times and asked the OP to explain the basis of a $6b short-term MC call - all to continued abuse and deflection, except by several here who actually do understand these concepts and are not trying to hide from these basic facts for the sake of continuing a hyped and hopeful narrative.

Like I have said, if you can refute the specific points I am making, please do.
Continuing with deflection and abuse only serves to weaken any viewpoint that you express, because if it was based on reason, logic and facts, then it would stand on its own merit.

I’m hearing crickets from the OP (except torrents of personal attacks which are getting moderated) and now others are deflecting also.

Again, this is not a thread about the potential long term value here (which I’ve noted several times I agree there is), but about a short term $6b MC spike. Why are some avoiding the topic, still?
Why are some resorting to personal attacks?
Why are some continuing to mislead others by purposefully or mistakingly failing to appropriately calculate how much “is left” until the pre-covid sp is reached?
Smells like people not wanting to let anything (even basic facts and data) get in the way of a hyped sp run, nothing more.
I am simply clarifying and correcting some misinformation and misunderstanding that continues to pop up here in regards to some key metrics, which everyone should clearly understand before blindly jumping in, or out btw.

If you understand these metrics and see great value here still, then good for you and good luck.
If you don’t, then read the above posts and do your homework first.
If you do and you are still misleading by repeating incorrect information, then shame on you.

I was a holder myself until recently.
The fact that I have sold out doesn’t weaken my points in any way. The adults here will look past that and assess the points on their merits, Same should apply to any posts made on any forum here. If I was blatantly downramping or shouting unsubstantiated low-ball sp targets or other nonsense, then fair enough, but I am not. Not at all.
If I buy back 1000 or 10000 shares tomorrow, it doesn’t change this in any way. Hide from the truth at your own peril.
I hope the price goes up and makes you all money btw.
BUT, I also hope that what is discussed and proposed here is also based on fact and reasonable assessment instead of blatantly incorrect evaluation, or worse still, purposeful deception.
I don’t see many others jumping in to correct the errors in basic math illustrated by various posters here; funny that.

See the post above by @madamswer if you simply think all current non-holders have no relevant points to make and would prefer to hear it from a holder.

After all this discussion, anyone who still, incorrectly believes that FLT has so far only recovered to about 40% of the previous-covid level arguably deserves to get taken to the cleaners.
Again, market capitalisation in round numbers:
Pre-covid MC (throughout 2019) = circa $4b
Low initial drop @ sp <$10; MC = circa $1b
Recently @ sp $17.50; MC = circa $3.5b (almost “fully recovered”, adjust for cash at bank also if you like)
Current MC = circa $2.85b

$30 sp; (this thread) MC = circa $6b
= 50% higher than basically the entirety of 2019.
Fine if you “believe” it, but WHY??
Why is it “reasonable”?
On hope?
Momentum spike?
Because there “has been an uptrend”?
Because “markets are recovering”?
On what basis, exactly?
Because you “hold” and “wish” it would”?
Maybe substantiate WHY you think it’s reasonable and perhaps those on the sidelines might also see reason to buy in, which is exactly what you “need” btw for the price to rise.
This was all I was asking from the OP. Crickets. Abuse simply because I won’t blindly wave the BS flag with him.

Anyone unsure of what I am talking about, please do not believe ANY of these posts, and certainly do not take any as advice, as usual, including mine, and DYOR before evaluating the relative sp-based “value” (market capitalisation) of this company now vs pre-covid levels, before deciding to buy/sell/hold.

Having said that, I do actually believe there is long term potential here, but that is not the topic of this thread and not the basis of a few key points that I have made here and previously, that some posters here unfortunately stubbornly refuse to recognise, in favour of deflection and abuse. Ask yourself - why are some hiding from these basic facts in favour of an incorrect narrative? Blind hype does no-one any good.

Some holders here, encouragingly, are reasonable enough to politely agree and even praise the fact that simple corrections and metrics are being laid on the table for evaluation, rather than swept under the rug because they may dampen some of the current hype. As noted, this ultimately does no-one any good.

I’m not asking or expecting anyone to blindly accept what I am saying btw, merely to seek factual information, DYOR and do your homework before blindly following any piece of information or viewpoint. Buy/sell/hold, in any case GL, just DYOR to improve your understanding and reduce your risk.


Gltah
DYOR
DYOR some more