Wednesday, July 18, 2012

I guess the motto doesn't have to change

The recent approval by the FDA of a drug to be released for consumption by the general market to fight obesity caught our eye here at FTI. We have a remote connection in regard to this issue.

Earlier, a bashful connection of ours, Mr. X, was a huge supporter and major investor in this small, fledgling company. Many hours, tears, and promises for assured returns were spent on the premise that "this thing is going to hit. Soon. I think". Our immediate attention turned from confidence to uncertainty to outright questioning whether X knew what in the hell he was doing or not. (Earlier investigation of noting a primate connection is detailed in the link above.) Regardless, now that Mr. X's choice has been validated by the governmental overseeing body, congratulations are certainly in order.

UPDATE: Apparently X abandoned all hope in this venture approximately 16 months ago and sold his major stake in the company. As a result, any wildly, fabulous gains will not be enjoyed by X or his front operation, Anchorline Investing. There is an upside, however. The need to re-market Anchorline's tagline motto is not as urgent as one thought. They are safe to continue to use "We drop immediately and never get off of the bottom".

1 comment:

  1. The bashful Mr. X is quite a stock picker to have found such a gem and stuck with it so long. A really patient fellow. One could learn a lot from a fellow like that. Maybe one of these months he will find the stock that shoots him to the MOON. If only you could be so lucky!! Just stick to the lottery and the courts. Same chance.


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