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Farfetch Limited FTCH
Posted On: 07/25/2012 12:02:49 PM
Post# of 903
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Posted By: Sawbuckle
Re: joshg2000 #288

LOL; I know its real dilemma. But up until the other day, I had been buying and buying weekly, all the while convincing my self the bottom was in and averaging down made sense (because I thought they were on the up & up). Now it just doesn't make sense to me. The bottom or what volume the stock trades at now makes no difference. What makes the difference is how much you want to have prior to either an R/S and or increase in the A/S. If these guys think they can squeeze more revenue out of fluff financing Prs, then we'll see an increase. If not, then we'll see an R/S. One thing for sure is the A/S limit looks too be maxed out within two weeks. IMO, it will be very hard for these guys to convince anyone that they’re not crooks or scammers; let alone show value in there products short or long term. If they make any attempt to pr revenues, the only way I’m going to believe them is via audited quarterly financials.














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