If you happen to find yourself thinking too short term, I would highly recommend you read the book 100 to 1 in the Stock Market by Thomas W. Phelps. It's a great book that can help you identify and correct this perfectly normal human bias. More to the point, it makes me think where a company like FBR can be in 5, 10 or 20 years time. As I project into the future, It is unlikely in my opinion I will even remember the days when FBR traded down to 2.5c / share. At this stage we should be should identify FBR for what it is. A very small company in a very large market with what I believe to be a well differentiated product. Time will tell if I am a fool or not.
I must say that I have noticed that no downrampers have yet offered up any analysis to support their negative views. Don't know if they are in hibernation or whether they have come to the realisation that they may yet have something to learn in how to be a good investor.
In any case, this is not investment advice. Just my thoughts. Do your own research and make your own decisions, etc. etc. etc.
FBR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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