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On the subject of risky plays... FTCH

63,549 Views | 1050 Replies | Last: 5 yr ago by Ulrich
old ag 2003
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AG
quote:
no you read it right... they want to be a $300 million company by 2011 and $500 million in 2012-2013.

If you do the math on that at a extremely conservative PE, you get a BOTTOM PPS of $20/share. More likely, it sits in the ~$40ish range.

They will uplist within the year.

They want to capture 1/4 of one percent of the CRM Ascend Market by 2011. Thats $287 million right there.

The Interaction market is set up to penetrate several verticals.


Hey I'm all for this happening since I own shares, but saying "they want this" and "they want that" is very different from actually doing it. I don't think many startup companies ever say "eh we're setting our goals low". Many companies have these goals and even have plans to meet those goals, but not all companies meet those goals. Like I said, I hope it happens, but you seem to talk like it's a foregone conclusion.
Levins Market
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Yes, re-reading that, my verbage is strong.

I guess, its more or less that they are ahead of schedule right now with their interaction numbers and markets, and most importantly, I see the need for the product myself.

Its certainly not a foregone conclusion, but these guys have followed through on everything they have promised thus far including volume of contracts and users at this point. They have promised PRs detailing certain information and produced.

I know there are more coming. They certainly could miss the boat completely, but hell, what is this company at $100 million? They are in the $1-$2 range at a PE of 1... and we know this company isn't going to have a PE of 1... hell most stinky pinks have a 2.3-3 PE.


Seriously, if you are interested in investing long, pick up the phone and talk to Frank and Jim. They are very knowledgeable and will entertain your questions.



[This message has been edited by Levins Market (edited 5/27/2009 3:51p).]
cjg89
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AG
$40 would make me a millionare I doubt I could hold that long without cashing out well before that point.

Levins Market
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LOL... it would make anyone here with a small position some nice scratch.

Don't get me wrong, I have an exit strategy should I feel wronged or misled, but nothing has happened to lead me to believe that would happen.

I got into F3 with money that I could afford to lose and have added with percentages of profit taken in other plays. Now that I see their product making waves in the marketplace, it makes me comfortable. Pick up the phone and call the HOA representatives that have installed the Interaction and ask for references. I confirmed with Sentinel Lake in Marietta, GA that F3 has its Interaction in place.

Basically do some in-depth research and you'll be happy.
Jeff99
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I actually called one of the HOAs that they have listed to make sure it was real. I called at 9 PM and when someone answered, I hung up...
Levins Market
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HAHAH... which one did you call?
Jeff99
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I can't remember. It was in Florida, somewhere. I'm sure they wondered why a stranger from Texas was calling and hanging up.
HawgDriver1
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AG
quote:
I doubt I could hold that long without cashing out well before that point.


I typed almost these exact words on my previous post. I'm just hoping to get to the point to cash out my initial investment and let the rest ride. I'm hoping like hell in 2 years that we all look back on this stock and wonder what could have been had we just been a little more daring...

HawgDriver1
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AG
Oh, and thanks for the response, Levin. I'm treating you to a steak dinner with all the liquor you can drink if your prediction even becomes a tenth reality. You'll go down as a legend on this site if this stock hits whole $$ dollars.
Levins Market
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Well come on over to our tailgate during Football season, and we'll discuss Aggie Sports, FTCH and other fun stuff...

We're usually good for a lot of beer, liquor, and games on the tube from 7-8 am until gametime.


I really can't state enough to call Jim and Frank if you're really serious about going long. I think you'll feel the same way I do after talking to those two. I understand the SaaS market as the last company I worked for was very heavy into it.


Have a great Wednesday evening!
WC87
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AG


[This message has been edited by WC87 (edited 5/27/2009 7:18p).]
Tabasco
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AG
Which tailgate? Same one that your roommate is always at? If so, we probably know each other.

Levins Market
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I stop by that tailgate during Saturdays to say hey, make a general jackass of myself and hang out for a while, but ours is on the other side of Reed in the front grassy area.
HawgDriver1
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AG
whoa! LM, just got done checking out the 'share count' threads on ihub and I applaud your 'all in' stance with this one.

Personnally, I think this stock could very well make you a multi-millionaire (assuming you are not already there). Question: Now that FTCH has a positive revenue stream are we expecting some type of quarterly financial report and forward outlook with FTCH or is that already out there and I've missed it?
SJEAg
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AG
dang LM...what's your average cost now?
Levins Market
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LOL, I am not a multi-millionaire, not even close. That 2 million shares also includes positions that I'm managing for money that's going to my parents and friend.... not to myself.

I just have been investing in more stable stocks since I was in college, and started being a tad more risky now that I have a nice safety net from savings and earnings.

I'm still averaged in the low 4s. I started buying heavy in the low .01s, and did so through the 2s. I am still buying nice blocks .06 plus but it doesn't dent the average much. My next large buy will.... I do have a couple positions from other stocks that have allowed me a big pile of scratch to drop on the Ask at the right time. Just waiting for that high teens resistance to roll around.... so we can stabilize in a much higher range.
Levins Market
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quote:
Question: Now that FTCH has a positive revenue stream are we expecting some type of quarterly financial report and forward outlook with FTCH or is that already out there and I've missed it?



Look for the updated financials at the beginning of June... I'm expecting next week. I would expect a quarterly update as well.

Frank has video conferences on the web that talk about his timeline for these hurdles... i.e. launches of product, financials, etc.
khkman22
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AG
Isn't their fiscal year also a calendar year? Why would they be releasing numbers next week instead of early July?
Levins Market
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I'm going by what Frank stated on his initial video conference and what has been confirmed by Jim on the phone.

They said to expect financials in early June. I think they have been reporting yearly due to the age of the company and the fact they have not been generating revenue.
HawgDriver1
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AG
This is where I tend to be totally lost in this penny stock game....if you have the scratch to spend now on a stock you believe is headed to the stars and you could buy right now at .085 why wait until the 'high teens'? Your are essentially buying half the shares in the teens by waiting. Is it some 'bigger picture' thing where you are bolstering the stock for higher runs later? That seems both nobel and self-serving, but my instinct says go self-serving at .085 now. This seems so basic that I am sure I'm exposing my own lack of 'trading' knowledge and TA which I freely admit.

Anyway, I both congratulate you and thank you for bringing this opportunity to Texags. I believe I stand to gain thousands if not tens of thousands on this gamble and I would not have known anything about it without this board. (I'm a daily lurker on IHUB now, but had not even known about the site until this thread).
Levins Market
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quote:
Is it some 'bigger picture' thing where you are bolstering the stock for higher runs later? That seems both nobel and self-serving, but my instinct says go self-serving at .085 now.


Yes. If I was not invested in F3, I would go full blow right now based on what I know. However, I think we have some key resistance at our recent high, and I'm saving everything I can to plow through that with others help. If you are holding really long like I am with a lot of shares, and expect a big return, buying on the way up at key resistance levels or bid sitting during swings only helps to make the stock healthier.

AgShaun00
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AG
I got in at .075. I hope you are right.
cjo03
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AG
if this hits $40 a share, i will visit your tailgate to eat bbq glazed crow, crow-chops, tendercrow, butterflied crow & crow burgers washed down with a little crow-n and crowke*









*assuming you pay for all if it.
Levins Market
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LOL... okay cjo03... how about you just stop by this fall and have some drinks and food with us anyway??

Good luck Shaun!
WolfmanC18
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AG
Doubled my position when it went down to 0.07. I got in last week at .1. Lets hope this goes above .1 today to start a rally.
Jeff99
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I'm in for more at $.07.
Levins Market
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There's a mysterious MM who showed up right before lunch... MITR... I'm not sure who he represents, but he single-handedly drove this to .07 and now he has it honed in on the ASK at .07.. its only him between here and green.

Deductive reasoning says he represents someone who wants a lot of shares at .07, which so happens to be the SMA 20 day bottom. This stock is pounding off this level.

I may be wrong, but I think someone may be trying to get as much as possible here, between .06 and .075 and then they are going to let NITE take back over and run it up.

We'll see...
BT1395
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AG
MITR = Miller Tabak Roberts Securities
Levins Market
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quote:
Miller Tabak Roberts Securities, LLC has built a reputation as one of the premiere boutique securities firms, helping institutional investors generate returns through expert research, strategy and execution


Interesting... I think we know who this bad boy is now.
SJEAg
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AG
picked up some more at .065

AgShaun00
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AG
so you think this is a good thing?
HawgDriver1
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AG
Damnit! My timing today has been for crap. Tried to sell some other assets to buy another 20K shares in the .06 - .07 range, but didn't make closing. I have a feeling this opens up stronger than current levels tomorrow.
Levins Market
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in the long run... yes!

The buys routed through MITR outnumbered the sells routed through MITR at close of day. He was definitely trying to shake some shares from the weaker hands, and he did a tad bit, but not much at all.

Although you never want to see a red day like that, what encouraged me is that we didn't see many retail sells from NITE and the likes. It was the MITR show the last 2 hours. I do know some longs that picked up about 130K shares during the MITR sell off, buy back...
AgShaun00
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AG
I think I need to research what MM really do because this kind of confuses me.
Levins Market
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MMs sole job is to find shares at the lowest price and resell higher.

Now HOW they do that is another lesson. There are many ways.

We also have to look at what type of MM are they. Do they represent retail (me and you), institutional investors, foreign money...? Are they a hedgie?

Depending on who they represent will determine how they "manipulate" the price. If you have strong hands and consistent volume, then MMs can try to play games, but they won't be successful. Unfortunately human emotion, and short term players can really drive a stock up or down. That is what makes the stock market a volatile place as a whole.
 
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