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.

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First Tidal Acquisition Corp

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Comment by CDeeGreenon Jun 09, 2011 11:08pm

436 Views

Post# 18696966

RE: Pumpers & Bashers

onelife,

My view on why AAA is stuck in the present trading range. This stock went from approx.
.51 to past $2.40 in a relative short period of time. It was brought up this fast so financing could be made at the $1.50 price. This to me was a good sign as many companies bring their stock price down in order to finance. I know it went past $2.40 then quickly went down; this move is a typical MM move to lock in investors at the higher rate and also allowing the pros short the stock.
The fact the stock went up quickly, the worsening conditions of the stock market and the trading deals the pros make, keeps the stock for moving up for now even with good news. AAA has been in this trading range for several months so when it has a breakout it should be a good one. I don't think we have to wait much longer for the next leg up. Perhaps other sincere board members may want to comment.

JMHO

GL

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