Fountain out of business???
03-18-2009 | 08:11 AM
#62
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From: Chicago, IL.
Smart money would not bet against the possibility of them going down. It is a tough market and many builders are struggling. Fountain has one of the highest debt loads in the boating industry. The banks are having a tough time justifying lots of loans these days.
03-21-2009 | 01:21 PM
#64
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why is everyone so concerened about Fountain stock? Lets face a few fact. People who bought Fountain stock were mostly people who owned a Fountain. It was and still is a right to brag and B.S. about when standing in the bar with a fountain t-shirt on and our gold necklaces. Any person who bought stock in a boat company and thought it was going to be the next microsoft was and is an idiot. Can anyone show me a boat company that has been a big gainer for any period of time in history?
03-21-2009 | 06:29 PM
#65
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From: Northern NY
I agree! My stock was actually a Christmas gift from the GF a couple years ago. She got my broker, a very good friend, to do the buy for her and he even got a stock certificate issued so she could have it framed for me. I thought this was a way cool gift. I really don't care what the stock is at, I have a piece of Fountain! And the proof is on the wall in a frame.
I would note that it has recently more than doubled in value, moving from $.05 to $.12 per share. Now find another stock that has done that in about 10 days.
03-22-2009 | 05:42 PM
#67
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why is everyone so concerened about Fountain stock? Lets face a few fact. People who bought Fountain stock were mostly people who owned a Fountain. It was and still is a right to brag and B.S. about when standing in the bar with a fountain t-shirt on and our gold necklaces. Any person who bought stock in a boat company and thought it was going to be the next microsoft was and is an idiot. Can anyone show me a boat company that has been a big gainer for any period of time in history?
03-22-2009 | 06:52 PM
#68
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From: Bucyrus, Ohio
why is everyone so concerened about Fountain stock? Lets face a few fact. People who bought Fountain stock were mostly people who owned a Fountain. It was and still is a right to brag and B.S. about when standing in the bar with a fountain t-shirt on and our gold necklaces. Any person who bought stock in a boat company and thought it was going to be the next microsoft was and is an idiot. Can anyone show me a boat company that has been a big gainer for any period of time in history?
Good idea. Take a hundred dollar bill and buy 800+ shares of Fountain stock. If someone told me that and I didnt know any better I would think it would sound impressive owning 800 shares of a powerboat company.
