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Re: buzz_trader post# 6299

Wednesday, 10/04/2017 5:21:46 PM

Wednesday, October 04, 2017 5:21:46 PM

Post# of 7213
buzz, great call on holding this, with today's pop it has gone up 29% vs. where it was when you wrote your post. Better yet, the pop came with huge volume (largest amount of daily volume since 9/1 at least), and 2 40K share buys right in the last half hour of trading. Dare we dream that we have an institution that has taken interest in this stock? I realize that the large majority of institutions can't buy OTC stocks but there are still a few that still can.

The sort of trading we saw today has the earmarks of an institution -- when they decide to start buying one of these thinly traded stocks, while someone is dumping it, they don't mess around and just keep bidding it up to get the shares they want.

By now they should have a pretty good idea of what FTE's gross sales were for 3Q. If they had a really good quarter (which is very possible given how large their backlog was at the beginning of the quarter) I wonder if they will announce just the revenues for 3Q in the coming days, with the full quarterly earnings announcement to come around the middle of next month. I believe they have made this kind of announcement in the fairly recent past.

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