Fintech Select Ltd. V.FTEC

V.FTEC up from $0.02-$0.07 since Friday!

[samydude]

Whatever the reason Virtu Financial is buying, I hope there is news that will set the floor for more appreciation in stock value. Has the venture with Raseed Bank in Libya proved a framework that can be used else where? Will being Fintrac registered now be valuable? Will Selectcoin.io and POS systems rework be widely accepted? Will Twifty and selectcoin platforms merge as per one news item. Call centers will be posting bigger revenue, I would like to see the rest of these verticles really produce!

[ark88]

3.6 million volume today. Highest in 2 years. Doesn't feel like the recent past run up to good Q results. If we get another decent volume tomorrow, my bet is we get news soon.

[samydude]

if there is positive news ... or better yet Ebitda positive revenues + gaining traction in the other vertices we may see blue sky. What I expect though is the news release from the company saying they don't know the reason for increased volume. But let's hope I'm wrong.

[ark88]

Q4 and year end results are not due till May. This activity isn't related IMO

[samydude]

I was counting from the last Qt report in November 2023 and surmised we are close to getting financials.

[samydude]

the 3.6million stock options ($0.05) are in the money now, could see insider buying soon too.

[bigkagan]

They've been around for many years and the cap's only $5 mil. Their only hope is the crypto trading

[Hospitalitysaid]

I have a feeling that this run is only tied to the fact that Bitcoin is up so high. Given the history of this stock,  I don't believe there's any substantial news that warrants a run like this. I definitely hope I'm wrong, but I doubt that I am.

[Roddiggiti]

Only hope Crypto trading? Have you actually looked at their balance sheet by chance. They have a profitable and growing call center divison with free cash flow.