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On the subject of risky plays... FTCH

63,544 Views | 1050 Replies | Last: 5 yr ago by Ulrich
FTCHscam
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quote:
Don't think we'll be seeing .06 again... EVER!


Well, when does your timeframe start? Or did you mean it will never get back to $.06 after it falls below?
tamuaggie2007
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AG
Speak of the devil...and he'll come a runnin'
Levins Market
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No its still here on the sidelines... smart money is used to break through resistance while on an upswing, not to pound off the bottom.

I didn't foresee the impatient sellers that we saw on Monday, and then NITE played his game on yesterday.

I have some money in two separate places that I use for this. One is for averaging down off of earnings, and the other is for breaking through.

FWIW, I'm not one of the "big money" guys I was referencing. I just know when they'll use it, and that will be around the .10-.12 mark.
Jeff99
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Can we please stop using the "FTCHScam" name? It destroys any credibility that your concerns may have.
Levins Market
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quote:
Well, when does your timeframe start? Or did you mean it will never get back to $.06 after it falls below?



Well, I certainly can't control stupidity of buyers hitting the bid at .06.

I thank NITE for the opportunity to buy again at these levels.
The Fall Guy
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AG
Had to do it!!!

FTCHscam

FTCHscam
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quote:
Can we please stop using the "FTCHScam" name? It destroys any credibility that your concerns may have.


As opposed to Levins' infinite credibility for making everyone here millionaires? I'm not looking for credibility, just raising awareness as to what is or isn't going on.
Levins Market
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He's high entertainment actually... it shows he cares!

All it took was a measily 5K buy to rebound it there.

496,332 buys compared to 97,000 sells... now why would it fall? I'll tell you... MMs swapping shares well below bid and showing a false sense of drop. If hands stay strong, it rebounds in minutes, if hands go weak, you lower it to their levels. Investors are their own nightmare here since its traded thinly.
Levins Market
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quote:
I'm not looking for credibility, just raising awareness as to what is or isn't going on.



Actually, if you were **truly** aware or concerned, you wouldn't have asked some of the sophomoric questions you asked originally. It told me your knowledge of investing right off the bat.

If you wanted to make people aware, you would have hit more on the share structure, what makes it so volatile, why their balance sheet hasn't been updated since end of 08, and why hasn't their been an initial release of interaction numbers yet... but instead you asked questions that weren't really relevant to the PPS, which is what makes us money or loses us money.

What you asked were static antagonistic questions about happenance and motives, rather than technicals or fundamentals.
Phil Rirruto
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Levins, think it will run up a little more this last hour? Seems like it's got a little momentum.
Levins Market
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It could with a little buying pressure. It jumped off the 6s to the mid 7s with a small buy.

There's a fake resistance at .08 that the MMs are trying to put up. NITE, AUTO and ETMM are swapping shares and trying to whack.

As long as pressure stays up, they won't be able too. I have a couple of small shot buys that might help, but I don't think it will be enough to move them. I'm saving for EOD... probably last 5 minutes.
Levins Market
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take that back... ETMM went up to .12 with the others...

1 @ .075
1 @ .08
1 @ .10
4 @ .12

a few decent slaps and .075 and .08 should go by the wayside. I'm only good for ~20K at those two levels.

BTW, I'll be out tomorrow for the long weekend... If I don't get around the computer tomorrow, best of luck to all of you in FTCH and your other plays.
TriumphForks
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AG
I killed it. Single handedly.

Blame me everyone. Now everyone gets to die a slow and painful death. You're welcome.
JBRAG
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Not trying to feed the FTCHscam fire but I found this interesting as the post linking to this site was immediately deleted from IHUB board.

http://sec.gov/litigation/complaints/2009/comp21053.pdf
Levins Market
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I didn't get filled EOD.... dirty MM *******s!

I gotta wait and see if it fills A/H.

A decent amount of accumulation today... 767k buys compared to 197k sells.

Its weird that a Friday is positioned to be green after the odd Wednesdays and Thursdays we had.
JBRAG
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http://finance.yahoo.com/news/F3-Technologies-Takes-Action-bw-15320724.html?.v=1

quote:
ALPHARETTA, Ga.--(BUSINESS WIRE)--F3 Technologies, Inc. (OTCPK: FTCH) is pleased to announce that in an ongoing effort to build shareholder confidence, on May 21st, 2009 the company has filed with the State of Delaware to reduce its authorized shares count down from its current one billion and two million (1,002,000,000) shares down to two hundred and two million (202,000,000) shares.
tamuaggie2007
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AG
JBRAG, I saw that too. I can't help but think they were trying to keep the discussion on the board on topic at the end of the day.

But yeah, that ihub guy is SCREWED.

Oh, and FTCH came out with some A/H news saying that they've taken action on reducing their AS...

http://finance.yahoo.com/news/F3-Technologies-Takes-Action-bw-15320724.html?.v=1
Levins Market
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quote:
Not trying to feed the FTCHscam fire but I found this interesting as the post linking to this site was immediately deleted from IHUB board.

http://sec.gov/litigation/complaints/2009/comp21053.pdf



Yeah, those guys are so screwed. I commented about it on there. One of those guys is one of the main owners of IHUB, and I believe most of them met in some form or fashion through IHUB.
Tabasco
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AG
Interesting... there it is. Wonder if the stock will react at all. Opening flat or down would not surprise me.

edit- referencing the JBRAG link



[This message has been edited by Tabasco (edited 5/21/2009 3:16p).]
Levins Market
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I told you he would listen to us and release this week.... I would have preferred Friday, but this should set up nicely for tomorrow!

quote:
F3 Technologies Takes Action to Reduce Authorized Shares by 80%

ALPHARETTA, Ga., May 21, 2009 (BUSINESS WIRE) -- F3 Technologies, Inc. (OTCPK:
FTCH) is pleased to announce that in an ongoing effort to build shareholder
confidence, on May 21st, 2009 the company has filed with the State of Delaware to
reduce its authorized shares count down from its current one billion and two
million (1,002,000,000) shares down to two hundred and two million (202,000,000)
shares.

Frank Connor, CEO of F3 Technologies, stated: "I have always commented that it is
F3's commitment to shareholders to gain their trust through transparency,
progress and hard work. It always has been and always will be our goal to
constantly build on our shareholder confidence. We get scores of calls every week
from potential investors who have been waiting on this action to invest. By
taking these steps to finally reduce our authorized shares by 80% we hope to
prove to these potential investors and existing investors that we truly have
their best interest in mind."

F3 Technologies, Inc. has sent via over-night mail a "Certificate of Amendment of
Certification of Incorporation", along with all filing fees, to the Delaware
Division of Corporations in Dover, DE. At this point it is not clear exactly how
long it will take to actually reduce the share count, however, F3 Technologies
intends to announce publicly when the actual reduction transpires.

F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service development
company and application service provider created to provide on demand internet
solutions to consumers and small to mid-sized companies. F3 currently has three
distinctive products: Fargotube.com, Ascend Global Systems and Interaction
Community Systems. It is F3's goal to provide the necessary systems and tools to
help its end user realize personal, professional, social, and business oriented
goals.

Certain statements in this release and the attached corporate profile that are
not historical facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as anticipate, believe, expect, future, may,
will, would, should, plan, projected, intend and similar expressions. Such
statements involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent upon many
factors, including but not limited to the Company's ability to: (I) obtain
sufficient capital or a strategic business arrangement to fund its expansion
plans; (ii) build the management and human resources and infrastructure necessary
to support the growth of its business; (iii) competitive factors and developments
beyond the Company's control; and (iv) other risk factors.

SOURCE: F3 Technologies, Inc.

F3 Technologies, Inc.
Jim Canouse, 770-521-2194
ir@f3technologies.com



JBRAG
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quote:
JBRAG, I saw that too. I can't help but think they were trying to keep the discussion on the board on topic at the end of the day.


Definitely. Like I said not trying to flame, just found the link interesting as I was new to IHUB.
Levins Market
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I kind of wish they would have left it up... people need to see things like that.

Levins Market
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Should be a very interesting start to the day tomorrow!
TriumphForks
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AG
Why so?
Levins Market
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A lot of sideliners were waiting for the 8-K news regarding the A/S reduction.

Should be some nice buys at the open and close tomorrow.
jimmo
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how will shares be reduced?
Levins Market
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AUTHORIZED SHARES will be reduced from 1 billion to 200 million.

This is not a share reduction with the desire of increasing PPS based off of a whack of shares.

This A/S reduction signals that there will not be dilution.

This will attract institutional investors and heavy hitter volume more than anything, IMO!

In my conversation with Jim, they are currently working hard on uplisting the stock as well.

[This message has been edited by Levins Market (edited 5/21/2009 6:50p).]
IsThatATitleist?
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Levins,

What do you post under on IHub?
Levins Market
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TxAgTailgater
aggzwin
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AG
since when do institutions buy penny stocks?
Levins Market
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Its pretty common for institutional investors to come into a new company that is showing large leaps in revenue growth.

Especially one bringing in large new business every week.

**Let me revise that... You usually don't see institutional investors until you hit one of the major exchanges, but that is exactly what F3 is working toward right now... uplisting to one of the majors.

[This message has been edited by Levins Market (edited 5/21/2009 7:08p).]
Levins Market
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Have a good evening TexAgs... I won't be around much until Tuesday.

Best of luck to each of you tomorrow in F3 and elsewhere.
HawgDriver1
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AG
Dang, my order didn't filled EOD, either.
TREX01
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Moving rather nicely today
SJEAg
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AG
yeah, bout to break yesterday's volume already
 
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