An interesting post and accurate I think. I do agree with Motleys "Should I buy now" comments but I do believe since Im carrying losses now to get to better stocks, since I may never see green, that I wont need 5 years to recover and who dont have CR risks. FLT will IMO fall below these prices two months later and not because of EOFY trades.. Short term this article was correct since prices went later to $17 and tanked back to $11. dollars odd but how many people bought into FLT short term is the question trying to make money on 60c , $1 swings. Me included. My point is IMO get out on a little green now. .I think very few traders are buying for the long term FLT as they have as much an idea as us plebs long term. speaking to trading people they clearly believe FLT will have little returns for at least 5 years. IMO the business has to be a much smaller market capital concern until at least 2024 with double the shares issued now. I think long term a $15.00 share only. . DYOR and my thoughts on the table. As Motley said, you can let FLT play out if your a holder and see how it goes but for me with no chance of recovery I need to transfer to something else. On May 25th Motley said price was overstretched which proved sound at the time. Hype ramped it to 17 dollars odd and reality now has set in. anyone holding these stocks over $20 may be whistling in the wind for years IMO. Dont buy.
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