Oct. 13 at 3:37 PM
$FSCO In my last post, I pointed out that FSCO was recovering and it was flirting with
$7.00. Then the orange divider struck again, and the markets sold off big along with FSCO.
Today the markets are trying to recover, but not FSCO. It's getting hit hard once again and it's a bit perplexing. Nothing has changed fundamentally, no announcements or PR, nothing that could cause this.
In fact, the NAV was
$7.22 when I last posted, and today, I see it at
$7.26. Yes, the NAV has actually increased. The fundamentals appear to be getting a tad better.
I have no idea why this is and unless information comes out about why, I have to believe this will eventually turn. When it does, the price should work its way back up the NAV. It has done so before, so I see no reason why it won't do it again.