FTT 0.00% 0.5¢ factor therapeutics limited

book, page-174

  1. 4,051 Posts.
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    Hey Supertramp,

    You've been around the traps long enough. It's got nothing to do with confidence, or not.

    They can't and won't do a raise pre-readout for the same reason they're not going to push the price past 11 cents in the next couple of weeks so Directors can exercise their options then sell on-market to line their pockets in case it's a dud, or whatever ridiculous nonsense was suggested recently.

    As if they haven't got anything better to do.

    Think about it logically.

    The past few days tells you all you need to know, today especially. Coordinated raid all done and dusted within half an hour of open.

    Tested short/long term support-resistance at 6.7 which also happens to be the 50% Fib since the run in June. Painful but instructive to watch. If in doubt, why are the "frenzied" sellers no longer jumping the sell stack to "apparently" get out while the going was good.

    Create doubt, incite fear, job done.

    FTT is in play pending read-out.

    That's it.

    Think with your head, not your heart. Back yourself, your research and the company, or not.

    Each to their own, and all in my opinion etc.
    Last edited by writer: 24/10/18
 
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