$FSR
Added 2024-02-21 19:15:30 +0000 UTC$FSR is in serious trouble now, it has lost all supports and there is no supports that I can find below the price right now.....apart from the death zone of zero. They have still not announced when their earnings will report and the market was expecting it this week. They have also been given notice that their share price does not comply with the exchange rules of being above $1.
So $FSR will need to do something to get the price back above $1, an inverse stock split, merge or buy out. Dilution is not a good option right now.
$FSR need to report earnings asap, any delay will just fuel the bears to hammer this further. It also baffles me to see their CEO stay quiet as their share price gets destroyed.
I hold about 4000 shares of $FSR, a small portion of my portfolio but I would not like to see this go to zero, I believe they have a good product but change is likely coming soon.
Comments
I've bought more I'm lucky enough to have a low average on it even tho I'm down
Scott Glover
2024-02-23 14:16:28 +0000 UTCI see a lot of people commenting that they believe earnings are tomorrow after the close. No official confirmation tho on IR from FSR...
Matt
2024-02-21 19:54:21 +0000 UTCAppreciate you taking the time out to reply .. 👍
Johnnyboy
2024-02-21 19:21:57 +0000 UTCI am sitting on mine, not worth selling at this rate, would make sense for them to be bought out now.
Gareth Neary
2024-02-21 19:19:09 +0000 UTChttps://www.youtube.com/watch?v=6xWXRk3yaSw
ES B
2024-02-21 19:18:04 +0000 UTCWhat’s your thoughts? Sit it out or take what’s left before it goes belly up?
Johnnyboy
2024-02-21 19:17:28 +0000 UTC
