TSXV:CTI.H - Post by User
Post by
dummy12on May 11, 2000 1:06am
140 Views
Post# 1902554
dummy12
dummy12 The last 2 monhts I have read many of your comments re; CTI and I must say I am somewhat amazed by your devotion.But lets now go to the real function why you or (she) or at least I am take the time and the money to invest. "CTI" is a good example to learn the basic rules of the market as it present it self.If you all recall when the stock was trading at $4.00 there were rumors that the Co; was and did , raise funds tru private placements.the stock took of and was halted , a news release stated within 2 days that "Canacord" was there main man and indeed the bulk of the funds came via you know who! If by some chance the Co: did not know whom they were dealing with they must surely do now.The typical Canacord promo went to work,when they announced a $50.00 target all hell broke loose.The stock took of and traded in the high $20.00 but what was the real value of the stock ! Hype not substance,the quismo what supposed to take the world by storm is still a concept , it may work or it may not,the real issue at stake is the formula of the real value of any stock based upon "PROFITS" and products coming on stream with a date and time attached.