...FTS expects revenue growth of 530% to 620% during fiscal 2006 of $7.2 to $8.1 Million from revenue of $1.3 during 2005, without any additional acquisitions. FTS further expects to post full year 2006 net income in the range of $600,000 to $900,000 compared to a loss of ($1,997,000) during 2005. Listing on the American Stock Exchange requires pre tax income of $750,000 in the most recent fiscal year among other factors (see AMEX.com). Our acquisition and deal pipeline remained very strong at the end of Q1. Although no additional letter of intents were signed during Q1 we expect to close additional significant acquisitions during 2006...Posts: 2554 | Registered: Nov 2005
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I'm guessing everybody in at .09 sold at .11. That is just a guess though. I don't even remember if bid ever reached that high. Level 2 was awful thick this morning and it looks like MM's have won the day here. When news comes out like this and the price drops I suspect dillution also. But the day is not over yet.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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well the MMs will have to evenutally let it go, or they make no money by shaking us out of our shares.
Posts: 76 | Registered: Feb 2006
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Problem is eventually can be a long time and I am holding this over nite at least. No round trips left to use. Dang I know better than to get in morning plays without a round trip. Like jumping out of a plane without a parachute. Nothing is running as it should this morning. Maybe things will pick up this afternoon.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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all i know is this is seriously mm at their best....look right now the bid has been above the pps for the past 15 minutes and their not letting any buys go through....theyve done whatever they wanted with this stock today
Posts: 204 | Registered: Feb 2006
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Nobody wants to buy the thing right now guys. People that bought in on the news have sold already. I really have no idea what is going to bring buying pressure in to this one. It just seems dead. I am frustrated as all three of my stocks that I bought into yesterday/today are down so sorry for venting.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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