Yes I agree Poly, my FNC prediction is far too optimistic at this time. I base my prediction on o/s count and current market cap. I detest putting any #'s out there on share price predictions. The $20 was just a # and shouldn't be a base for anyone's decision. What it was, is a # to make people realize that the share price of FNC is very undervalued compared to the other spec stocks in this area.
These stocks in McFauld's Lake are nothing but pure specualtion at this time. The only stock with any actual value, is NOT, they have the proven goods. All the others are want-to-be's. However, when looking to invest in spec stocks, you narrow the field down using different criteria. Once you use all the analytic tools at your disposal you can start making investment decisions with the best risk/reward percentages. At this time FNC beats all others by a wide margin by my calculations.
Al