>>Once the listing takes place a tremendous amount of margin will be on the block.A factor for votility.The votility alone will spike us up as well.Good news after the listing will cause more votility and even higher margins thus higher and possibly more sustainable prices.I believe FTEL will rock and roll pretty high and then settle down.The time for GOOD News needs to come very soon or at the listing idealy.Who ever is accumulating is holding a whole lot.I suspect that at the top we will see some serious selling.If we are worthy we will ride it out.<<
Mr. Slater,
Well, we seem to be reading from the same pages... I agree. What will make the situation very interesting will be the combination of, (and as G. Soros would say, "reflexology" between), the Nasdaq listing, (margin capabilities), and then the additional news (which will give us more popularity, i.e. more buyers).
This is where our fire test will come in: a preliminary top (possible final top), could be formed by the hordes of stock that could be coming in to be sold as current accumulation begins to sell, further aggravated by whatever still unsold existing inventory of early investors may still exist.
However, if timely events/news (after Nasdaq listing that is), are then released, the possibility of additional buyers, and with deeper pockets could then erase whatever "hesitation" may be caused at such early (or pre-mature top).
Perhaps it may be here where the ADX/DMI combination might prove to be quite useful.
However, there is a risk I see that we may encounter.
Stocks like RSYS (embedded computers), where the fundamentals are impeccable, yet the stock seems to act as if news and or earnings results did not exist, causing great frustration to their shareholders.
This is caused because the technology is hard to understand.
I mean, your typical investor understands than selling books in the Internet (amazon.com), seems to be quite a good deal, quite logical, however how many understand embedded computers, or... dare I say it Internet Telephony...
Then again, we have this thread full of raving lunatics, in which many are absolute well-versed "techno-wacos", that could represent some support, but somehow I think that the thread is well.... Shall I say, stock rich and cash poor?
The point is that I hope FTEL does not become RSYS.
Finally, you might want to read the post below (my own), in which I expanded a little on the trading range of FTEL as I see it now.
Message 3588898
The other consideration, may be that FTEL simply begins to rise slowly, as we expand (slowly) in the coming years.
Time, (and price action), will tell. |
