Fuel-Tech N.V. (FTEK)

[PURA VIDA]

Anyone still interested in this stock?

I bought in on Wednesday morning when my stock screener brought this back to me as a BUY. Well, not only because of that, but the screener brought them to my attention. Then I looked at the pps, the number of new bookings/business that they have, the fact that insiders are buying, and the fact that they announced a $6MM stock buy-back plan.

Looking good at the moment, and keeping a close eye on it since it had taken such a beating as many stocks have that aren't in favor with the "THIEVES WHO RECEIVED THE BAILOUT MONEY" and are investing in companies that they have ties to, YES, I am referring to the banks who have ALL OF "OUR" MONEY and are using it to benefit those who they want to benefit.

Anyhow, FTEK has been able to break above the 20 Day EMA of 3.98 on the daily and hold. Currently at 4.10, next resistance area is 4.49 which is the 50 day EMA. The level II and the bidding have been strong since I have been watching it, and it appears as though this has drawn some attention.

GLTA