tombul's Profile
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This company has been in business for dilution only. Almost 1 billion shares outstanding.
I told the members a year ago. This stock will never move in the direction you would like.
Do not invest but trade only.
Please do not mislead the naive investors while you would be dumping your shares.
FO has not produced a cubic gas, but produced millions of diluted shares. It has been 10 years of failure.
Based on your arguments, the stock price should be going up, not down.
Am I missing something here?
Dilution has killed the stock. There is no actual production with almost a billion shares outstanding.
Stock price will never reach $1.35 as Solyomthree has claimed. I do not believe FO will ever see 30 cents again.
On every little spike, there is sell-off to follow. I am not sure if Falcon is dumping its diluted shares or due to weak hands or Market Makers.
As I have indicated before, huge volume needed for 50 day MA to break through 200 day MA. There is only way to do it. Falcon has to produce and deliver the promised results, everthing else is a non-sense.
We really need a huge volume to break the resistance. Low volume allows Market Makers to manipulate the stock price.