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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Post by str8tgoodson May 20, 2010 11:36am

188 Views

Post# 17118053

What oneVulture Really Means

I think oneVulture said it right, traders would have benefitted most if they sold in the 50-cent range.

Considering that oneVulture is now about to buy, means that those selling now would be more or less selling near the bottom.

Great advice oneVulture. This is the right time to buy and the wrong time to sell. If you didn't sell, like myself, the best thing would be to hang on, the stock will recover and move higher as results approach.

oneVulture wasn't lying, this is definitely not the right time to sell. Trying to anticipate a bottom is difficult, but seeing that 36 cents is the 200 day exponential moving average, if it goes below this, then one would have to wonder if there is something fundamentally wrong.

Seeing that the update was positive, and a 2nd rig is moving in to expedite the program, I would have to believe that all is well in Ethiopia. With assay results just a couple weeks away and drilling ongoing, I can see why oneVulture is looking to buy. Smart move, but wanting an entry of 32 cents is not probable. Good luck to you anyway.

Glad to see oneVulture bullish on AAA.

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