FPI Inflection Point

FPI Inflection Point

I still have a very small position in FPI … waiting for the dead-cat bounce to make next decision, and the time is nigh.  Two recent articles in SA help a bit, but for me i am not patient enough to wait this one out.  I will take my money and go play somewhere else.

Probably the icing on the cake for my decision is the distrust of CEO now established with his inconsistent narrative on lease renewals, as well as the renewals scheduled over next 24 months.  Risk for surprises is just too high.

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