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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by BayWallon Feb 27, 2012 8:24pm
103 Views
Post# 19594764

RE: with our luck lately..........................

RE: with our luck lately..........................

But then maybe it's for real. If it's for real, lets raise the stakes to 2.5 cents this week with a million share buy order. What does the investor putting down $20,000 expect to make? Double the money maybe. I still have the resistence level pegged at 4 cents. Anything beyond that price on significant volume means Futura is onto something, most likely in the US. The last insider who purchased stock used CIBC also.

 

Looking at the stock chart it's tough to feel optimistic. If the investor keeps buying despite the flat chart, then maybe there's something in the works. Quite a few would know by now what Futura intends in the US. If they are already making sales calls, then people contacted would know. But taking the next step to invest, would require some expectation of a higher stock price.

 

If this stock pick is more than a monkey throwing a dart at the newspaper, then I would expect higher bids in the coming weeks with some good volume to back it up. That's sure putting things on the spot, but I feel it's time to get off the fence.

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