Webby, I am sympathetic to your point of view, but let's be realistic. FVHI has risen from 60 cents to over $7 in a matter of a few weeks. Why? Association with Softbank, which is in the news for its investments in E*Trade (which bought a small share of FVHI--around half a million, as I recall) and Yahoo! (you know it's a Net stock when you need to use the shift key for special symbols or punctuation in the name--when will children get their asterisks and exclamation points, like Billy! or Ja*ne?). Beyond that we have wistful, wishful thinking from the Web bulls and a run based on daytrading. With a long-term view and a risk-friendly approach to small-cap investing, this may indeed prove an excellent buy-and-hold investment. But goodness gracious, we ain't bottom fishing now. The risk/reward ratio is a lot higher than it was for what remains a company with interesting potential and contacts but very little to show for results. And remember, this is a Web commerce company. Look at the sector. It is not the leader among Web stocks generally. If you doubt that, have a look at CYCH. Great ideas, but where is the dough? The stock price is reflecting where it isn't.|
Best of luck to all.