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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > SO SIMPLE, IT'S STUPID
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Post by BaystreetBrian on Sep 03, 2014 6:23pm

SO SIMPLE, IT'S STUPID

Say you bought 50000 shares at .08, that cost you 4000, now wait till the buyout (1:9), divide 50000 by 9, you get 5555, now multiply that by todays low price of .91, you just made 1000 bucks, EAT THAT!
Comment by goofenoff on Sep 03, 2014 8:39pm
If Flinders can not hold its present SP we will look at different numbers. FDR support1 is at .73 and support2 is at .61   -   Should it drop to that following your scenario we will look at 4055 a gain of only $55 or support2 3388 for a loss of $612.  FDR resistance1 is at 1.01 and resistance2 is at 1.18   -  Should it rise to that following your scenario we will look at ...more  
Comment by LAMBO on Sep 04, 2014 9:33am
morgan stanley just bought some Time & Sales REALTIME   Price Size Mkt Time  Buy Sell e  0.08 857 TSXV 09:30:02  033 036   0.075 3,000 ...more  
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