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Microcap & Penny Stocks : FutureTrak International, symbol FTRK -- Ignore unavailable to you. Want to Upgrade?


To: trader who wrote (28)12/21/1997 9:41:00 AM
From: SirAlexx  Respond to of 663
 
Trader, welcome back to the FutureTrak thread.......Yes, the stock has in fact behaved nicely and closed at its yearly high on friday amidst a very weak climate for stocks....

The President of FTRK was in Germany this week and from what I am hearing he has made some significant progress in several key areas.....

I have met some of these people and everytime I see a new yacht I look to see what type of system they have on board and each time I do, I see more opportunity for FutureTrak.......I sometimes think I should become an independant sales rep! because their products are so exciting!....
hmmmm, I could use another part time job.....

I think it is just a matter of time before the trader you mentioned realizes he isn't going to be successful playing in this one....one strong upmove and he will be gone.....

I have talked to several people in the marine aftermarket and they are saying that Futuretraks space scanner and flat antenna are some of the most exciting new products they have seen in almost 30 years!!!

They are also featuring their antenna on page 64 or 62? of the december Yachting magazine.....I will try to find a link to it if they have one.....

Stay tuned to this one, or should I say, " locked on!"



To: trader who wrote (28)12/22/1997 7:53:00 PM
From: David  Read Replies (2) | Respond to of 663
 
Gosh, I guess it's the season for fairy tales.

This stock, now according to two sources (trader and SirAlexx), was placed privately for $1 and opened publicly for over $2. A nice deal for anyone who got it privately and has since been selling it.

Since it began trading, the buy and sell prices have never crossed. That isn't the sign of short selling -- it's the sign of a private holder who got the stock at $1 selling it out of inventory at above $2.50 to whomever they can find. No public buyer has made a profit on this stock, but I guess it's done "nicely" for its promoters.

Did you know that it's estimated that over half of all bulletin board stocks are considered scams? And what was the name of that "brokerage" house that released what looks like a crudely rewritten press release?