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On the subject of risky plays... FTCH

63,536 Views | 1050 Replies | Last: 5 yr ago by Ulrich
old ag 2003
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AG
Bought a few thousand more at .09 at the close. I've hit my threshold for what I was willing to risk on FTCH, so I'm done buying. Hopefully your predictions will play out Levins.
Levins Market
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This will uptick the rest of the week, except maybe Friday as that is normal for EOW.

Best of luck to you who added on the dips today!
Levins Market
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Haha... nice 188K buy during afterhours at .098.

The next couple days should be fun!
StupidisMe
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quote:
Haha... nice 188K buy during afterhours at .098.


How is an OTC being sold AH?
Levins Market
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It was a T trade buy right after the bell.

FTCH is pinksheets and not OTC BB.

This has pre and post traded a few times over the past 2 weeks.
The Fall Guy
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AG
LM,

How high do they think it could go up
Levins Market
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long term or short term?


Go watch the video of the chart I posted last night. There is no resistance until .60... so short term (as in a week to two) we could see a .60 print.

Long term? Depends on how long, long is to you? I'm in this stock well into the future. I'm holding for their $300-$500 million years in a couple to 3 years. That would put the stock at $30-$40/share with a conservative PE.

In the meantime, I'm helping to explain the stock to those of you wanting a short term pile of money.
StupidisMe
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quote:
FTCH is pinksheets and not OTC BB.


I know that

PK and OTCBB are both OTC stocks.
TriumphForks
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AG
Saw that chart presentation off ihub, and it was quite encouraging. It was a bit demoralizing knowing I was one of the last buyers at $.15, literally minutes before it dropped to $.09 and never recovered back to $.15 heh.

Anyways, I'm in this one for the long haul. Hope it works.
Levins Market
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just a clarification... they're both "unlisted" stocks.


That was a MM holding the order for A/H...

[This message has been edited by Levins Market (edited 5/18/2009 3:31p).]
The Fall Guy
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AG
Thanks for all the info. I have been curious about this stock and finally bought today. I am more of the short term, but if your long term views are sound then it is tempting to keep them.
Levins Market
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read the presentation on the first post, and do some research on their site and throug the news releases... you'll see this is a legit company that is just now starting to make waves!

**Remember this is only their 3rd month since they started making revenue. Its due north from here.
StupidisMe
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quote:
just a clarification... they're both "unlisted" stocks.


and all unlisted stocks are OTC.

"Although Nasdaq operates as a dealer network, Nasdaq stocks are generally not classified as OTC because the Nasdaq is considered a stock exchange. As such, OTC stocks are generally unlisted stocks which trade on the Over the Counter Bulletin Board (OTCBB) or on the pink sheets."

You did teach me something today. I never knew you could trade an OTC after hours and you're right, you can, kind of.

"What are the Pink Sheets' trading hours?
Pink Sheets follows regular market hours, from 9:30 AM until 4:00 PM ET. Pink Sheets follows the market calendar of the Nasdaq Stock Market and is closed on the days that Nasdaq is closed. The Quotation system is available from 7 am to 5 pm every business day. However, individual traders at a market maker control when the trader's quotes are open and firm."
Levins Market
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yeah, but I don't think I've ever seen a OTCBB stock trade afterhours...
Levins Market
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yeah, but I don't think I've ever seen a OTCBB stock trade afterhours...
StupidisMe
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Anyway, back to the stock. I got in this morning for .10 and I was selling at .14. I could kick myself for not selling at .13 and buying back in right before the close.
Levins Market
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Best of luck to you! If you're patient for Thursday or Friday, I think you will be very happy with selling on those days if you're looking for a quick profit.
wealeat09
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AG
Levins,

Can you post a link to Mr. Bigz chart?
Levins Market
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Here ya go wealeat09

http://investorshub.advfn.com/boards/playavideo.aspx?v_id=358
Levins Market
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Afterhour Trades on FTCH:

188,812 trade @ $.098
25,000 trade @ .0882
4,999 trade @ .09
aggzwin
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AG
Levins,

When does Fargo Tube go live? to me that is pretty interesting, sharing $$ with the people who supply the videos that attract all the hits...that could be big IMOP...seems to me that it could take over alot of youtubes market
Levins Market
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yeah, there has been huge interest in it already.

The site is already up... www.fargotube.com

I'd contact Frank or Jim directly to find out when they plan on marketing it aggressively. I've heard later this year, but they already are paying out to people.
FTCHscam
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Levins, a few questions about this pink that is probably another scam.

1. How is it that Mr. Bigz knew where the stock was going to end up? And "because the chart said so" is not an answer. Might he be the one manipulating it?
2. What happened last week to the only resistance left being at $.15 and then it would quickly move to $.20 by EOW and then $.30 shortly thereafter, before rapidly moving to $.60. Now resistance levels are back at $.09-$.125???
3. How are you privvy to such EARTH SHATTERING information, but are not at liberty to discuss? A little bit of insider trading going on? Seems kind of strange also that MGMT would tell this Craig Baker character all this wonderful info and then tell him to just not say anything and expect he wouldn't.
4. How have these MMs been out of shares the last week with the float gone (supposedly), but can still play games with continually lowering the bid? I doubt that many profit takers are out there, especially those that CONTINUALLY "bid whack", so if MMs have no shares and profit takers are minimal who is manipulating this?
5. The $550k didn't come through at the EOD today, so are we to assume that it will all come through tomorrow? And what good is it and why is it necessary for $550k? I thought that most shares were in tight hands, so how are they going to be getting 5+ million shares at current prices, because again, what idiot would sell this foolproof stock?
6. How is it that some strange "investor" pissed so many people on ihub off today by selling 590k shares at $.10? Wouldn't the only person who had that many to begin with be one of the pumpers that got in sub $.01?
7. Why is it that any negative post gets deleted on ihub? Moderation for inappropriateness is understandable, but the communistic moderation over there is a little too strong to make anything believable.
8. They burn through less than $10k per month according to the DD presentation...well I hope so, considering their cash balance at the end of 2008 was negative, according to the pink sheet filing.

Answer these questions logically and intelligently and let me see a PR no later than Thursday causing a jump to $.30+ and I'll say this might be a legitimate contender for $1, but otherwise, I still say SCAM!!!
wealeat09
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Levins Market
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quote:
1. How is it that Mr. Bigz knew where the stock was going to end up? And "because the chart said so" is not an answer. Might he be the one manipulating it? Mr. Bigz is a chartist and its not hard to read resistance levels and support levels on charts. He didn't call $.09... he said it would be "ideal" for it to end there. He also said it could run today as well.

2. What happened last week to the only resistance left being at $.15 and then it would quickly move to $.20 by EOW and then $.30 shortly thereafter, before rapidly moving to $.60. Now resistance levels are back at $.09-$.125??? Resistance levels and support levels can change based on buying and selling pressure. The levels at which each of these happen can change slightly. However with FTCH, this has stayed the same.


3. How are you privvy to such EARTH SHATTERING information, but are not at liberty to discuss? A little bit of insider trading going on? Seems kind of strange also that MGMT would tell this Craig Baker character all this wonderful info and then tell him to just not say anything and expect he wouldn't. It's not hard to pick up the phone and call IR. Maybe if you are so interested in finding some things out, call IR. No one said we KNOW ALL of the behind the door decisions, just some of the news releases to come. As an investor you don't want to leak PR news before a release because you can trigger sell offs if people don't think they are getting close to their perceived target goal.


4. How have these MMs been out of shares the last week with the float gone (supposedly), but can still play games with continually lowering the bid? I doubt that many profit takers are out there, especially those that CONTINUALLY "bid whack", so if MMs have no shares and profit takers are minimal who is manipulating this? MMs are out of shares until people give them back. There is always profit taking. We can only assume that certain hands make up a percentage of the confirmed float. Just because a float is virtually locked up doesn't mean there is going to be residual selling every day. I said today that there was manipulating going on and I particularly didn't care for it.... and it was going on by some investors.


5. The $550k didn't come through at the EOD today, so are we to assume that it will all come through tomorrow? And what good is it and why is it necessary for $550k? I thought that most shares were in tight hands, so how are they going to be getting 5+ million shares at current prices, because again, what idiot would sell this foolproof stock? Who said this was a foolproof stock? I said it was risky, but I do believe in the company. You can never know the motivation of a human no matter what they say. However, this is a startup company that is now making money for the 3rd month EVER.... Most shares are in tight hands, and most of that money will come into play at the right time. I still contend you'll see a good chunk of it come in sub 100K buy blocks tomorrow at ASK.


6. How is it that some strange "investor" pissed so many people on ihub off today by selling 590k shares at $.10? Wouldn't the only person who had that many to begin with be one of the pumpers that got in sub $.01? I don't think he pissed anyone off, or at least I didn't think anyone got pissed off. I know for a fact that some people got in for large share blocks around the .04-.07 mark. I don't know them personally, but I remember some large buys going in there, and it wasn't any of the 6 I have mentioned .


7. Why is it that any negative post gets deleted on ihub? Moderation for inappropriateness is understandable, but the communistic moderation over there is a little too strong to make anything believable. I guess I haven't seen any examples, so please provide them. I've seen some drive by bashing by posters that claim the stock is bloated, but that isn't true.


8. They burn through less than $10k per month according to the DD presentation...well I hope so, considering their cash balance at the end of 2008 was negative, according to the pink sheet filing. Yeah, it was negative because they hadn't started marketing or selling their products yet. Their current financial statement will come out in early June according to the last video conference administered by Frank


Well don't you take things literally... LOL, this smells of a cjo sock.
backintexas2013
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AG
I have never understood why someone would come on here, make a new name, and call out a poster. It is one thing to disagree which many on here have done without calling him out. You instead make up a new identity and basically have made this the yahoo message board. Nice job.
Levins Market
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I kind of wish he would post under his real name, but I enjoy the challenge.

Everyone is entitled to their opinion, and I'm willing to back mine up with numbers and "strategery" [/W]
Ham Slice MRE
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AG
He makes some good points. I really don't see what is driving this stock besides BB hype.

cjo03
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AG
i said my piece on this thread with every intention of not posting on it again..

but that is not my sock.
Levins Market
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HAM... objections to this stock are a good thing.

I challenge you to go read the PRs about the contracts signed over the first of this year, and I think that will answer your question surrounding the hype.

The coastal deal alone could bring in $2 million in revenue. Read about the North GA contract and the Bristol, TN contract.

Then realize that they are releasing news in the next few days detailing all of the new business contracts signed in April and May.


If you read those and still aren't convinced, then there really isn't any reason to be involved with F3 is there? I'm here for the long haul, so if you want to chide me and question my intentions, I'll be here to answer your objections.
Ham Slice MRE
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AG
It isn't mine either.

Also, the photos of the "company" looked fake.
Levins Market
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LOL Ham...

I think the mere fact you can demo their product on the web, and can research some of these contract signings in affluent HOAs show that its not a hoax like the majority of Pinks.
Ham Slice MRE
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AG
Levin-

That may all be true but what has happened over the last week that makes this stock triple? 2000 unit HOA?

I hope you are right about this thing. I took a small position last week but look at it the same as pressing the hard eight.
FTCHscam
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quote:
Mr. Bigz is a chartist and its not hard to read resistance levels and support levels on charts. He didn't call $.09... he said it would be "ideal" for it to end there. He also said it could run today as well.



No surprise...stocks usually go up...or sometimes they go down. Saying it could run is just trying to get people to buy in too high. The fact that the chart said $.09 was about right for today still looks funny when you see all the "bid whackers" out there at "power hour" keeping it down. So all the people out there that think Bigz is a genius for getting it right are blind to the fact it was not a "free market" mover today.

quote:
However with FTCH, this has stayed the same.


What has stayed the same? The fact that it was racing for $.20 on on Friday before some MMs supposedly holding back orders from executing on Thursday at $.175 and is now going to have problems breaking past $.125 again?

quote:
No one said we KNOW ALL of the behind the door decisions, just some of the news releases to come. As an investor you don't want to leak PR news before a release because you can trigger sell offs if people don't think they are getting close to their perceived target goal.


Again, isn't that inside info? Why would they not just do a PR instead of waiting for each investor to call and ask what's going on and then have to explain to each of them? IR giving information about a PR that has already come out because someone didn't see it is one thing, but giving behind the scenes information is completely different.

quote:
Just because a float is virtually locked up doesn't mean there is going to be residual selling every day.


Again, because 590k shares is "residual".

quote:
I guess I haven't seen any examples, so please provide them. I've seen some drive by bashing by posters that claim the stock is bloated, but that isn't true.


Do you understand what you just posted? Of course there are no examples of negativity because all the negative posts have been deleted. Don't tell me you haven't seen the numerous replies to a deleted message within the last week.

quote:
Their current financial statement will come out in early June according to the last video conference administered by Frank


Or in Craig Baker's case (and yours I am to assume) those statements basically came out last week, and now the rest of us just have to wait it out.
Levins Market
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quote:
I hope you are right about this thing. I took a small position last week but look at it the same as pressing the hard eight.


As you should with any PINK or OTC. I just believe this one to be different.

What caused it to triple? Well based on revenue projections JUST FOR THE COASTAL DEAL, the valuation of the stock is at $.30/share. However, you need accumulation of holders to move it from a penny to where we saw last week, and that has happened over the past 5 weeks. Most of the good news really didn't start coming in until mid March regarding the release of the Interaction system. Now with Ascend launching this week into local Atlanta businesses, there is going to be more numbers to report.
 
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