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FTEL isn’t trading like a normal penny stock. It’s like someone’s sitting on it.
Over 70% insider and private control — barely any real float.
Tiny retail volume — a few thousand shares moves the price.
Everyone who bought higher just wants out at $0.12 or less.
Private placements done at $0.12 have anchored the stock.
No explosive catalyst yet (JV, major drill, etc.) to bring real buyers.
Feels like it’s deliberately being kept in the $0.11-$0.12 range — maybe until the company is ready to raise again or announce something bigger.
Until then, any gains get eaten up by trapped holders or strategic selling. Still bullish long-term, but this is why it keeps resetting.
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