FTE Networks Inc (fka FTNW)

[Ed Ajootian]

shanak, the massive volume today was quite amazing to see. We definitely have one or more institutions or folks with very deep pockets that are building their position(s) in the stock at this point. So far this huge buying has largely been met with nearly an equal amount of dumping, but I can't believe that the dumping could last much more.

In a way I'm actually kinda happy that there has been so much selling into this rally. This has created a situation where any large investors who might be watching from the sidelines, might try jumping into the stock at this point because they see that it is possible to take a large position in the stock without having to bid the stock price up to the moon.