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On the subject of risky plays... FTCH

63,564 Views | 1050 Replies | Last: 5 yr ago by Ulrich
Levins Market
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quote:
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. I said I thought there was manipulation... me and you agree on that.

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? Do you understand the fickle nature of stocks and the emotions behind them? When stocks stagnate because MMs play games, it causes some to sell. It's the nature of the beast... we aren't in a vacuum here. I'll contend it will break past .125 in the next couple days.

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.Because the timing of PRs are very important, especially with the nature of investors in penny stocks. Surely you won't argue with that?

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". Seeing that it was one seller, yes, residual. If it would have been a huge block of millions of shares from multiple sellers then it wouldn't have been 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. I've seen them, but I don't know what was on them... did you see any examples before they were deleted?

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. No, I haven't seen current financials to be released, and I don't believe that Craig Baker guy has either.
dreyOO
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how is someone more credible if they're a sock out of nowhere? while what you're pointing out may have value, we can also wonder what your angle is by coming out of nowhere and not associating your real handle.

step up and post with your real account
HawgDriver1
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AG
I, for one, am ecstatic this conversation is going on. I see that Levin claims to be an Aggie wanting to help Aggies and I hope he is EXTREMELY successful in his endeavor considering I now own 12,000 shares. However, who here isn't waiting for the next shoe to drop. This stock seems able to swing either way right now, and Levin's posts are transparently pumperish(word stolen from Aggie Football board).

Obviously, I have bought into the hype on this company (even after doing the DD), but who really knows. Levin could very well be someone here simply trying to manipulate the movement of this stock and who among us would be the wiser. I'm glad people are questioning this 13 page thread.

I'm still holding on for the 'big news' and some real financials, but I definitely have doubts as anyone should. You can poopoo this 'gamble' away as 'throw away' money, but it is still dollar bills and still matters.

That said, I'm glad we have an investing board where people can bounce ideas and info around and I appreciate what Levin and iamstupid have presented over the last several weeks. We've all read/heard stories of those lucky individuals that jumped into a burgeoning company early in the process and scored(my inlaws from Austin bought Dell in the single digits...I mean in the early 90's, not the 2009 single digits).

Let's hope this is the same. However, questioning and doubt is healthy as well.
tamuaggie2007
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AG
+1 on what HawgDriver said. I'm in for a VERY small amount, and am poised to cut losses and minimize damage if a certain number is printed.

That being said, I am sure hoping things rebound the next couple days and I can get back in the green.

It is nice to see fruitful debate going back and forth. I would hope that people just looking to get into this stock (or any other stock) would be able to objectively read debates such as this and make their own decisions that they are comfortable with.
gaslaw
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Pinks are dangerous and prone to manipulation. That's why people love them. A debate is good, but let's keep it focused on number and business not personal. You want personal go to the politics board.

I am too much of a wuss to buy a motorbike, four wheeler, etc. But I am more than willingly too gamble some money for a little hair raising entertainment on a pinkie.

BTW missed the early conversation, I am in for 13k at an avg of .05ish
SlimM
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AG
If Stupid is in on this, that says a lot right there, considering his recent successes!
Levins Market
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Absolutely... and I'm glad FTCHscam is raising questions.

I knew bringing this to Texags could be a risky move for my reputation... haha... but I'm willing to put out there what I believe to be a rewarding investment in the future. If I'm right, several of you make money, if I'm wrong, my rep is tarnished and I don't make money either...

Whatever you do, do it because you feel comfortable with investing the amount of money you plan on investing.


If any of you want me to email you personally, throw it up here, and I will. A couple have done so already. I enjoy sharing ideas and thoughts on this stock and others.
Ragoo
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AG
thanks

[This message has been edited by Ragoo (edited 5/19/2009 8:01a).]
Levins Market
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Ragoo... sent it to you.
SJEAg
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AG
I'm also glad people are bringing up questions. Although using an anon handle is pretty weak, especially if you're bringing up legit questions...I mean what's the point?

But anyway, I am in a little deeper with this than I usually go with pennies. But I took my original investment out awhile ago. The recent trend has concerned me, but I'm still way up and am willing to hang around for a legit PR.

I will say that IHub board is sunshine pumper city. I read purely for entertainment reasons and maybe the occasional insightful post. I can very well see how anything remotely negative would get pulled over there. But really, seems like every investment board is near useless with all the pumpers and shorters (Yahoo gives me a headache). That's the main reason I like this forum so much...and it seems like every tip I follow here is a home run.
Levins Market
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I thought this was an interesting post from the other sandbox....

quote:
Here is list of all the SaaS stocks out there... If this don't cheer you up then nothing will

January 31, 2008 | about stocks: ATHN / BBBB / CNQR / CRM / CTCT / DMAN / IGV / KNXA / LOOP / N / OMTR / RNOW / SFSF / SLRY / TLEO / TRAK / TZIX / ULTI / VOCS




These stocks are similar companies to F3, and play in the SaaS industry.
southtexasag
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AG
I didn't read the entire thread, and this will probably be a great play that makes everyone tons of money. But did anyone look at the management team???

www.f3technologies.com/f3/web/home.aspx?c=c6278a79-6ebe-470e-bb60-ccd6d3667875



[This message has been edited by southtexasag (edited 5/19/2009 9:06a).]
old ag 2003
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AG
nvm...

[This message has been edited by old ag 2003 (edited 5/19/2009 8:51a).]
Jeff99
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I'm invested, but I have the same concerns when I see the pics...
Tabasco
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AG
Not to mention the mickey mouse website... this is a tech/software company???

dreyOO
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i know of some extremely techie places (i've actually worked at some) that looked like dog**** when just reviewing the website. i'm more concerned about the legitimacy of the product/service and market for it
dreyOO
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#1 problem with tech solution companies is you have a bunch of smart guys in the room who can design solutions out the arse, but don't know how to sell crap

what gets me excited about this company is seeing them actually installed at a large HOA. any sales staff worth their salt can take one testimonial like that and do some serious work

jmo
Ham Slice MRE
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AG


Levins Market
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I can't answer why they chose the design of their website, but they do operate on a razor thin budget each month of $10K. Maybe that is why???

There is one testimonial on their interaction website already from one of their first contracts from late February.

http://www.interactioncs.com/f3/web/home.aspx?c=55f68c9f-8e52-4c85-bc7e-72892d8e9f22&n=85f16469-9a47-4f08-af7d-3611a32b37fc
Cru
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S
www.fargotube.com looks aesthetically pleasing.
gaslaw
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nice desk, crappy office.


Tabasco
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AG
Good, they better not be wasting cash on nice digs.

Ragoo
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AG
we are in the green, but we are bouncing... any reason why?
Tabasco
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AG
The volume is so low that whenever there is a buy/sell it is either on the bid and ask. Because the bid/ask spread has been so wide, it looks like it is making huge swings.

Levins Market
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NITE can control the game on light volume... notice how we uptick to .10, then he lowers the ask to .098... he's trying to get sellers.

One satisfied him earlier, but there haven't been many this morning.

He just lowered it to .095. If someone hits the ask, then it will drop to . 095, and it might cause a weak hand to sell. Its mind games really.

Heavy volume would clean him right out.
Tabasco
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AG
In ten minutes, zero shares have been traded. Zero. I might go sell 100 just for the thrill.

Ragoo
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AG
what if we all put in ask bids at like $3.00 or something? we flood the sellers with our high asks, would that just be silly?
tamuaggie2007
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AG
It won't matter. You'll still have those guys that have put in low asks. They're trying to take care of them first...
Levins Market
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Ragoo... that wouldn't do anything because of the exponentially higher asking price from current price.

It needs forward momentum before something like that would influence the MMs.
Tabasco
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AG
quote:
notice how we uptick to .10, then he lowers the ask to .098... he's trying to get sellers.



Or buyers. Nobody is buying. Not at 10, .98. At this rate, it will drop again just to get some action, right?

Ragoo
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AG
gotcha, what is the advantage for NITE to control the price?
Levins Market
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NITE is mainly trying to get sellers, but yes, you're thinking is in line with how some MMs do it.

NITE has been doing this for a long time now. It isn't anything new. Even during our huge upswing, he'd lower the ask from .14 to .139 on heavy buy volumes.
Levins Market
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That's the job of MMs... he is just the definition of penny pinching profit. He just makes sure everything is exhausted before the uptick, unlike others. You'll notice he is almost always on the b/a...
Agnzona
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They have a Dwight bobble head sounds like a great management team IMHO!

I am invested in a company called Delta Mutual.
DLTM.OB that is at 3 cent and about to do a reverse split (not a good thing). They where in the oil clean up business and had some patents for microbes that eat oil and something that takes slug and gets more useable oil out of it.
They apparently have given up on that and are now into oil and gas leases. It says right on their website that they are currently are not a operating business, but I am not worried. It is a penny stock after all.

StupidisMe
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Every stock has manipulation. However, I don't like the volume and a few other things I see with FTCH.

I got out and it took a lot to just move a few thousand shares.

As always, do your DD. Good luck to all.
 
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