First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.

TSXV:AAA.P - Post by User

First Tidal Acquisition Corp

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Comment by str8tgoodson May 20, 2010 9:25am

244 Views

Post# 17117102

RE: RE: Biggest % drop

I think if you believe in the long term potential, these short term drops are buying opportunities. If your skeptical, or are trading, then timing is of the essence.

Personally, I wouldn't want to be out when AAA begins its run prior to results. It may stabilize, it may drop, or it may begin to strengthen at any time. They are after all drilling, moving another drill to expedite the program, and results are just around the corner.

It's your personal call. Personally, I see a long term upward channel, with AAA's share price closing at the bottom of the channel. Now it can either move sideways for a bit, it can break lower (would have to be dramatic drop in global markets), or it can bounce and move gradually higher awaiting results.

You choose.

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