It had a big bounce last week, but with an upside of roughly 8.5% it seems like a rebound that doesn’t last forever. I believe the bottom is in for the company with a market cap of about $7.65 billion, and the price of shares continues to increase.
As I said, a rebound just in this one week. It was a nice bounce, but with a short-term downside of roughly 2.5% that doesn’t last forever.
And now that the shares have rallied back to the level of the past week, FSL has a market cap of about 7.25 billion, and the price of shares continues to increase.
Today I was reading about FSL and how they had a very strong quarter in Q1. I also had a question for you. How did you think about the company going from $5.00 to $5.
It is a great question. FSL is one of the biggest companies in the world, but it has gone from being a 5 out of 5 to being a 5 out of 5 in just one year.The question is, did you think FSL was on top of the world? You can see that it is. And it was. And we all know how that turned out.
I have said many times, that FSL was never going to be 5 out of 5. It was always going to be somewhere between 5 and 7, and I’m not sure that anyone outside of the company could have guessed that it would get to be 5 out of 5. But I can tell you that in the early days there were a lot of people who thought FSL was going to be a 5 out of 5, and they were right. It is a great company.
Although I don’t have a crystal ball, I am confident that FSL has the potential to go above and beyond 5 out of 5 in the coming years. There are only two things that I see that could stop this – either a new CEO or a new board. But I am not going to predict those things.
FSL is the only company I have ever worked for that would be considered in the top five. I think that’s because the people who are running it are all smart and motivated. The board is really the one that makes the difference.
I also think people will expect a lot more from a company that has had five CEO’s in the last five years. But in fact, in our five year history, we have had four CEOs (and one interim CEO) and all four have been excellent.
If there are any lingering doubts about FSL’s management skills, this could be a good time to point them out. The company has been through two CEOs, one interim CEO, and four interim CEOs. In fact, since our first interim CEO was fired for the second time, the company has had two interim CEOs, one interim CEO, and five interim CEOs.
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