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



TSX:FUT - Post by User

Comment by BayWallon Mar 04, 2012 10:13am
129 Views
Post# 19623758

RE: RE: RE: 4th quarter...........................

RE: RE: RE: 4th quarter...........................

Thanks for the keen insights.  For FSW, nobody knew why the trading increased:

 

2011-05-10 10:23 CT - News Release

 Mr. Ji Yoon reports

FIRESWIRL UNAWARE OF ANY MATERIAL CHANGE

Fireswirl Technologies Inc.'s management is unaware of any material change in the company's operations that would account for the recent increase in market activity.

 

------------------------------

 

For INT, they managed to get the stock off the ground with their language translation technology. I forgot the fund manager who made the key recommendation, but it appeared in the Globe and Mail when the stock was trading at 11 cents in Feb 2011. Then the stock went up the same day and never looked back. Whether it was mean't to be a pump and dump is unclear. It did go past $2, so that was probably excessive.

 

Then trying to ride the success of INT, people tried to compare Futura with INT. Maybe it was mean't to ride a technology wave when the comparison was made. Futura is often referred as having its proprietary "technology" for a loyalty program. Whereas INT had it's own "technology" for language transalation. Propelled FUT's stock to 6.5 cents.

 

In light of the above events, then there's nothing for Futura to hold on to. Stock drops to 2 cents. Some expectations dashed with slow sign-ups. The bright side is, if investors easily bought the stock on a whim and a dream, then significant good news has the potential to get the stock really moving up. What happened in 2011 was a priming of the stock. Now everyone waits for news.

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