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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by bigopson Apr 06, 2011 8:40am
264 Views
Post# 18391838

RE: .03???

RE: .03???Hey King -- i am sure we all share some of your frustration. I have said it before..i'll say it again, i think that there is a lot of computer trading on this stock and that some of the buys and sells are not driven by fundamental investment reasoning but by black boxes that either decide to load up or unload -- so i do not take the sale yesterday seriously...but it is frustrating.

We need news to help propel this story/stock forward. We need to know how many dealers have signed up, how many are live, are they in negotiations with other jurisdictions, what about other accounts....we need an IR firm to get on this already. Also --  a little insider buying at this point would give everyone real confidence that we are on the right path...i dont quite get why insiders who know the story better than all of us are not buying...hopefully they will in the weeks ahead.

Bottom line though -- business has never been better, team seems focused in the right areas, they are booking excellent new contracts and business, the potential for new business across Canada is high and likely, they have reduced some debt by way of share issue, they will have to deal with upcoming debt by either issuing shares or postponing it for future repayment...we are under the radar. I do not know anyone else in my circle that has either looked at this stock or is even aware of it -- this is good news for us longs because it means that once there is real awareness we could see some sustained interest (i wonder if the analysts who cover aeroplan are even aware of what is happening at fut? anyone try and call them?)

just some thoughts...i too look forward to being at 5cents solidly...with a 5 cent bid...that day will come in 2011 for sure.
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