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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

Comment by allana68on Jun 22, 2011 5:40pm
358 Views
Post# 18752730

RE: Dundee and Jitney

RE: Dundee and Jitneyit appears to me that many people look at the AAA trading and think that the different brokerages are buying stock for themselves. while they (Dundee, Jitney....) may be buying some for their own trading, any purchases by retail investors like me will be attributed to a brokerage.

for example when I buy 20,000 shares of AAA, it shows on the record that Dundee (my broker) bought them, while in fact I bought the shares using Dundee as my broker.

I do agree that some strange trades do appear to be happening, some time ago I bought 10,000 and the fill was ridiculous, it was coming up in odd lots of 100, 100, 250, 300, 100, 1000, 250...until it filled the 10,000. I spoke to my broker about this, because I thought, who would trade 100 shares of a stock that's worth $1.25, the fees would be more than any possible profit, I never figured it out except to say, some one is playing games placing and pulling bids/asks.

As far as AAA goes, if they go to production, share holders will see great money, but it will take time. If AAA gets bought out, we'll see good money, shorter time frame.
One thing is for sure, the pounds are in the ground, and every year 55 to 60 million tonnes and mined and sold, which means the resources in the ground are slowly shrinking and what's left is worth a little bit more.

That's what I think, so I hold AAA, and I'll swing some too, but I know I won't short it.

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