Post by
Kosta300 on Apr 03, 2009 6:55pm
Accumulation shows next up level approaching
Good accumulation this week- bids are getting stronger- large block selling (previous insider) is all but done and the imminent NR`s are just around the corner.
- Not much to 10c and beyond
- Major Canadian Retailer being announced is closer than we think
- Smaller deals that have been happenning for the past month have not been announced ( not required as they are immaterial from a tsx perspective) only shows that sales are ramping up and the larger contracts will follow. Companies not required to come out with a NR everytime they sign a contract ( from prior issues with tsx mgmt on the NR clarifications seems FTE will play safe here and simply announce when required those only `material`.
If this hit 25 cents last summer on no news/contracts ,hard to beleive where it may end this time around? .
Comment by
hjangel on Apr 03, 2009 7:26pm
Great to see some base building in this trading range - its been an excellent week in the market and nice to see FTE wasn't being left behind.Thanks to posters for the insider info - much appreciated.Best is yet to come...GLTA - HJ