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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

TSX:FUT - Post Discussion

Post by BayWall on Nov 21, 2012 8:37am

L2

V:FUT Market Book By Price 08:22:06

 

Bid Ask
Orders Size Price   Price Size Orders
    0.005 10,132,500 24
    0.01 4,198,000 10
    0.015 695,000 4
    0.02 1,010,000 7
    0.03 1,200,000 3
    0.035 400,000 3
    0.05 535,000 2
    0.065 14,000 1
    0.08 414,000 1
    0.10 70,000 2
    0.125 15,000 2
    0.195 3,000 1

 

3 new orders @ 3 cents this morning. 1,200,000 shares. But nothing significant. Hard to even evaluate expectations at this time. Same business, new business or sell off.

Comment by supercableguy on Nov 21, 2012 3:12pm
The Futura Advantex Loyalty Group Inc.........lolllllll
Comment by BayWall on Nov 21, 2012 3:42pm
I thought about that combination. But both companies have large debt with a long list of creditors. Both have a lot of shares outstanding, prime for rollback. Both are struggling and any merger will not make either stronger.   I figure, go invite a new business. It's not as easy as it appears, but with the company between the devil and the deep blue sea, ...more  
Comment by supercableguy on Nov 21, 2012 4:01pm
i understand that the contract with the Ontario dealers is being terminated..... not good....but we are getting use to bad news.....
Comment by BayWall on Nov 21, 2012 5:25pm
Not much choice left in Canada. If any loyalty business is to be salvaged, it will have to be done with a US firm, for the US market.   Here in Canada, Futura owes Aeroplan $432,000. How are they going to pay it if most of the money goes to operating costs? They need $300,000 just to get through the CCAA process. They will have to sell the tax losses ...more  
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