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FTC - FinTech Chain

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Just thinking the exact same thing …..

If my quick number checking is correct, they have about $1.5 million in the bank.

Their Quarterly suggests their product costs and wages basically cancel out their current income.

However the Contract just established will gross them around $37,000 US per day (0.02% X 9,000,000RMB)

If they establish more Contracts, the business may generate a fair amount of Gross Income, but I have no idea how to assess the current SP rise

More Volume today so maybe it has some legs ….. I'll stay seated however
 
Smurf1976 said:
Down 12.82% today.
Click to expand...

And she's up another 17.60% this morning to 20c after the company released an update about the continuing rollout of T-Linx:

The extreme volatility continues.
 
Up 53.85% today after a late announcement after closing yesterday...

T-Linx rollout reaches ShanXi Province
 
barney said:
Its not a Stock … its a yo-yo
Click to expand...
Yepp, walk the dog, rock the cradle, thread the needle.
If you have ever been to China, up until around 5 years ago, it was largely cash transactions.
Nowadays, the electronic age is catching up with phones being the platform. Rural areas are a big growth area imho.
I can only see this one getting fat on pork belly.
F.Rock
 
Update.
Big day on the markets after the election eh!
Slower/lower volume of 1.1M for FTC today though.
Closed at 0.19, up 1c or 5.5%.
Seems like it's forming some resistance around 0.16 but that could change at the drop of a hat!
Cheers,
FRock
 
Update.
So since the last post, there was a run up to around 0.21 for around a day and closed at 0.205 on 21/5.
I have been watching this stock closely and I have never felt more "hurded" than I do at the moment!
There's been a large sell down going on since Monday or so, maybe Friday... I forgot. Currently on 0.16 and was 0.155 at the start of this post.
Sitting waiting in the starting barrier's for the eminent definitive "YO" part of the yo-yo!
F.Rock
 
Well, we got the "YO" part of the yo-yo on the Friday with preliminary results Ann. Any excuse for a run. Up nearly 25% in the blink of a eye with a quick retreat.
Hats off
3 cheers for Finny.
Now, when is that yoyo string gunna break?
FRock
 
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