MAJOR THANKS to FITXLONG, Neuronal, BigA, Ocean, H
Post# of 56323
Ocean, especially for at least letting me know I haven't gone completely bonkers. We have similar backgrounds, and I too, have slowly plunged nearly 100% of my 401k/IRA rollover into FITX (not exactly keeping with the risk management credo, eh). I was trickling in slowly to my first PINK, but the Germinario pick was the HEAD SLAP for me. PPMG was the sneaky add which tipped towards, Mr. G., and then Felten.....build out on schedule, etc. etc. Chabaan, his transparency, etc. all led to me striking when the fire is hot.
Outside of my professional stock trading group, I almost never give anyone "tips" because as a day/swing trader the "tip" could be long gone in a heartbeat, and even left to professionals, we can get crushed very easily. Stock set-ups that had been a cakewalk for the last 18-24 months have turned to a gut churning mess in the last 6-8 weeks, but wouldn't you know it, that's when FITX landed in my lap.
Anyway, I'm throwing my trading cabal the FITX tip tomorrow (already mentioned it in passing back in late March). They can do their own DD, etc. and decide whether this is a potential fundamental stock play of a lifetime, or pass. Given the beating I know they've taken, I'd wager more than a few drop $10k (Vegas money for them)or $100k+ on FITX within a week or so as a pure buy/hold shot, and these are guys that almost never hold anything....very long. Either our technical set-up is right and the stock goes momo for 10-20% or we stop out with a 2% hit.