Jan. 30 at 8:40 AM
$FRSX the 9 million plus share activity we saw recently was a positioniing of getting softbank in cheap... lets face it, the all time high was
$490 . The only way they could do this legally was to slam the stock down and exercise the shelf offering that had been sitting around for years at
$1.X per share. Lets also face the fact that Renault had probably shown huge interest. Softbank knows whats going on and didnt want to compete with renault. Who ever blinks first wins. Stop thinking 5x..soft bank would only be interested at 20+ times and that not even close to where the stock has been in recent years. This is a short term play. No brainer. I think
$10 in 2 months or higher. Only 5.5 million shares remain. This is going to be fun. Other than the fact that knuckleheads are running this company. I may have to change my mind in 60 days and that my friend Buster Himan.