Ali...i agree! However, this is the gamble part. W
Post# of 56323
Posted On: 10/31/2015 9:43:26 AM
Ali...i agree! However, this is the gamble part. We just do not know which way this thing is going to go. I would like to gamble/think that proceeding with the spin-off is favorable. But the current atmosphere of one of increased hype/hope/speculation. Which all generates northward movement of the pps. Then after a week when the dust settles......WHAT? short-term this is good activity for flipp'n and taking profits. But I think all/most of us have been here far too long for that ........ we're looking for/deserve to get paid "handsomely". If you've got 2 million shares of FITX that only gives u 2857 shares of the spin-off.
Now if it hits $20 that's only 57k....nice profit.....but not what I consider getting paid handsomely after all this time. Now with the other 2 million shares of FITX is "Giddy Up" gonna sky rocket to .25 or higher? In essence I see the spin-off as a money- making opportunity for Bill because of hype/speculation. WE STILL DO NOT KNOW....BOTTOM LINE. If things continue to materialize is our favor...I see this as a good profit taking opportunity. NOT THE MEGA "get paid" situation we once thought. If the spin-off was in the 100:1 or 75:1 that would be different.
Now if it hits $20 that's only 57k....nice profit.....but not what I consider getting paid handsomely after all this time. Now with the other 2 million shares of FITX is "Giddy Up" gonna sky rocket to .25 or higher? In essence I see the spin-off as a money- making opportunity for Bill because of hype/speculation. WE STILL DO NOT KNOW....BOTTOM LINE. If things continue to materialize is our favor...I see this as a good profit taking opportunity. NOT THE MEGA "get paid" situation we once thought. If the spin-off was in the 100:1 or 75:1 that would be different.
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