I cant help but make similarities between CQT and FNT. I know the name is similar ending in "T", but i think theres more to it than just that.
CQT traded some rediculous volume leading into a really good run, very similar to what FNT has done.
CQT had options trading and there was a mass ive spike in volume about 3 months before the options went bananas from 4-5 cents to 20 cents.
I think FNT options have had that volume spike, that could tell the story when we look back on these, and think why didnt we buy more.
Obviously there is risk with the options. As I think at the moment, we are paying a bit of a premium. However this could just be a hint, that the options will not be given away.
The options I know are high risk, high reward.
I also see similarities with CQT only having a small number of top 20 shareholders being 30%.
So there is heaps of liqudity in the stock, which the traders love, and must have for the options to be worth while.
We know FNT has a massive resource, its still an explorer, but there is definatley something brewing, that is making the next 3-4 months for FNT something to behold.
I know the market has run hot, but there is always a stock that you look at, and think, why didnt i see that. Signs were there, Volume was there. Announcements were there. Directors were buying. Top share holder Topped up. Options were there as a bonus.
I am just thinking out loud. I am here to make some serious cash, and FNT looks to me like a stock presenting an opportunity where theres Cash to be made, if you can see the way the stock is being played, and the way it is building up to towards the next announcement.
I'd love FNT to test 16.5 cents to bring back the day traders, and show the support of the upward trend. We are a good 2 weeks since our last announcement, and FNT has held strong.
This is not a pump and dump in my eyes, this is real, and theres going to be a story to be told.
I am back in after selling my profits at 23 and 24 cents after holding from 13 cents. I am back in with profits only at this stage.
Good luck.
Sorry long post. Just needed to air my FNT thoughts.. will let you know if I have any dreams about FNT. I did have one that I never got back in and the share price went to $1. like When I bought YML at 17 cents and sold at 25 cents....
FNT - be in it to win it. Or lose it.
CQT traded some rediculous volume leading into a really good run, very similar to what FNT has done.
CQT had options trading and there was a mass ive spike in volume about 3 months before the options went bananas from 4-5 cents to 20 cents.
I think FNT options have had that volume spike, that could tell the story when we look back on these, and think why didnt we buy more.
Obviously there is risk with the options. As I think at the moment, we are paying a bit of a premium. However this could just be a hint, that the options will not be given away.
The options I know are high risk, high reward.
I also see similarities with CQT only having a small number of top 20 shareholders being 30%.
So there is heaps of liqudity in the stock, which the traders love, and must have for the options to be worth while.
We know FNT has a massive resource, its still an explorer, but there is definatley something brewing, that is making the next 3-4 months for FNT something to behold.
I know the market has run hot, but there is always a stock that you look at, and think, why didnt i see that. Signs were there, Volume was there. Announcements were there. Directors were buying. Top share holder Topped up. Options were there as a bonus.
I am just thinking out loud. I am here to make some serious cash, and FNT looks to me like a stock presenting an opportunity where theres Cash to be made, if you can see the way the stock is being played, and the way it is building up to towards the next announcement.
I'd love FNT to test 16.5 cents to bring back the day traders, and show the support of the upward trend. We are a good 2 weeks since our last announcement, and FNT has held strong.
This is not a pump and dump in my eyes, this is real, and theres going to be a story to be told.
I am back in after selling my profits at 23 and 24 cents after holding from 13 cents. I am back in with profits only at this stage.
Good luck.
Sorry long post. Just needed to air my FNT thoughts.. will let you know if I have any dreams about FNT. I did have one that I never got back in and the share price went to $1. like When I bought YML at 17 cents and sold at 25 cents....
FNT - be in it to win it. Or lose it.