Never posted on FDL/FMS but I have my theory that fms is overvalued but it won't go down because too many people paid real money for it all.
With most stocks that rise its only a small percentage that actually pay for it physically but when billions of shares changed hands on its first run to 15 cents it became a different scenario.
It should be 4to5 cents with no drill results and in similar shape to HAW(market cap $40million).
For most stocks a rise of 1cent increments would only be about $100000 but when fms went to 10cents there would have been about $50million change hands.
Its hard to take a loss but if you only paid 2cents for it,you can still take a 6 to 700% profit but how many of these are left on the fms registar.
Just an opinion as I've traded on it before and it runs on sentiment rather than logic sometimes.
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Open | High | Low | Value | Volume |
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