FX REAL ESTATE & ENTERTAINMENT INC.
***** FX REAL ESTATE & ENTERTAINMENT *****
Every so often, I like to “give” you guys a stock-situation that I am looking at. That said, you might like to take a gander at FX REAL ESTATE & ENTERTAINMENT INC. (FXRE: $.21 (bid)–$.28 (ask)).
As I always tell you, YOU GOT TO DO YOUR OWN DUE DILIGENCE.
Just so you know…I recently bought shares in this “pennystock”…my average price is about $.27 a share.
The primary reason I like this company…it is controlled by Robert FX Sillerman. Do some homework on this guy…sometimes he wins and sometimes he loses.
To get you started, FX REAL ESTATE & ENTERTAINMENT INC apparently is going into the ferris wheel business. I know it sounds “nuts”…but, the way I see it, a multi-millionaire like Robert FX Sillerman may see-something that common folks don’t.
Anyway…FX REAL ESTATE & ENTERTAINMENT INC is what I call a “trades by appointment” stock—which means, there is usually very little daily trading action in the stock…so if liquidity is your game, this one may not be for you.