TSXV:FCO.H - Post by User
Post by
AdekGoskion May 04, 2017 4:15pm
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Post# 26205149
RE: farml1234
RE: farml1234The story is as real as it gets. The bank accounts do not lie, I lost over 70 K. I will lick my wounds for a long time but I will survive. I will be able to sleep normally now but at least I may not get a heart attack or a stroke and I am straight with my family again.
Obviously, what is going on now is the drive to push the stock down as much as possible. (I am not part of that, I said so long today). Then the stock will go up in about a week or two when the FS will be announced and the short sellers will be smiling and riding the stock again.
What mainly got me with FT were two reports by the Fundamental Research Corp. in Vancouver. This city has the second number of scammers in Canada after Quebec. The analyst Siddharth Rajeev, also from Vancouver, with all his B. Tech, MBA, CFA and other accreditations, initiated the quarterly coverage of FT in October 2017, the next report was on January 26, 2017. His fair price estimate for FT was then 0.85 per share and obviously "buy recommendation". When I was looking for his report in April 2017, when the fair price estimate should be more like $ 1.6, and the share price is still about $0.20 , guess what ? There is no report, or at least I could not find it. I had no problem finding the previous two. My son saw in a disclaimer that FT paid a fee to the analyst, although he claims he has no association with the company. This is how scammers work - typical pump and dump. I would have made a lot of money if I invested in Shopify on a real exchange, now all is left for me is regular bank chequing accounts.