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First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


GREY:FGBDF - Post by User

Bullboard Posts
Post by marvelmakeron Feb 23, 2017 5:23pm
381 Views
Post# 25885701

Here's hoping

Here's hopingI sure hope this retraces, even back to the $.30s - I got in around $.75. I am only holding because I think this will halt on big news possibly and so far volume has carried this higher. This has had quite the runup in a short time. I am sure they will post January revenue numbers and also quarterly soon. They can't help but have record revenues, they had none before. I am more worried about dilution than anything. I watched INT.V run from under $1 up to $3.20 in 3 days on hype back in 2011. I am long on this stock though I wonder about the CEO in his video at the Franfurt exchange interview advertised on their website talking about reaching out to institutional investors. Not clear to me how much money they need, and how much they will dilute this stock and give away cheap shares like the 10 million at $.50. If this stock is worth what they are touting they shouldn't be giving away the shares, they should adopt a shareholders rights plan but retailers are usually the last ones they think or care about. Technically this stock could retrace easily IMO, market makers are here and large. So I will buy on the dips and hold my position. Good luck to everyone! Rob
Bullboard Posts