It is not exactly like Acconex but has similar customer based and will do well. Even if it does 20% well as Acconex our investment will pay bigger dividend. If you are not interested then you make the right call to not invest. We will know the the future of Felix in next couple of quarters. Currently, it is trading at 20% higher than IPO price. So, at least it has not collapsed as you had predicted. Any non believers will be happy with 20% profit and can exit.
I believe in product and I will hold it. Only time will tell and I am ok if my analysis will be wrong. I don't make decision on loss for a new company. It should be based on the potential, product and management.
FLX Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
