I've just posted this on another forum thought I'd paste it here for your benefit...always DYOR and ask others for clarification on points you may not understand if haven't been around in the past 8-10 months...
Unfortunately everyone - this is now the next thing people are going to be spruiking that we are waiting on...the 40 cent purchases by sophisticated investors. None of you people have learnt anything from the past 8 months...
That's it from me on this stock too frustrating to read all the rubbish...just remember it was over 6 months ago we were talking about the cornerstone investor(s) coming on board at 30 cents which would justify the valuation. Now that's gone we speak about the sophisticated's and bump it up to 40 cents...we may as well say 70 cents these random figures mean nothing whatsover.
Also I remember when questioned on why on earth this investor would jump in at 30 cents when GCN was at 4(ish) cents, the line was that this investor wouldn't just be buying shares but would also be a key operational figure. What happened to all this???? It's random spin to keep people interested and keep a SP moving with no money coming through.
I already felt stupid for buying it 8 months ago...I now feel more stupid for jumping in temporarily again thinking I'll ever get FM shares...the company is a complete and utter joke. Every single little thing about it makes me sick not the least of which the disgusting ambiguous announcements.
Cheers and good luck - watching the SP downfall continue today...TTV went up yesterday on about $800...it's all smoke and mirrors...
By the way - lastly...wasn't there a whole push last week while the TTV trading halt was on to jump in before it's too late...wow...the cycle continues and will continue until the company is bust...always newbie's around to take a bite...
Lok
GCN Price at posting:
2.6¢ Sentiment: Sell Disclosure: Not Held
