Futuris Company (FTRS)

[k_trader]

Thanks, yes you are correct if the support line on .0019 fails tomorrow or next day this will continue going south and you can expect to see low .001's next up. I have been trying to warn everyone here, so please everyone I am only trying be be informative it is my opinion and as such you can ignore me if you like, no need to throw insults.

Please understand that I am no longer in this stock and have no agenda here. At this point I am only trying to help and I wish everyone would have a huge green day with huge gains, but sadly I do not see that happening any time soon.

The company is completely silent, and will not respond to any inquiries whatsoever. That alone tells me something is not right. Many of you have a strong emotional tie to the stock as I did as well. Sometimes you have to take 2 steps back in order to see the bigger picture. If I would of held my shares I would have much less today that is for sure. And considering the current state of the stock if this continues down to .0010 it would be much, much less.

That being said, I finally removed my emotional tie to the stock I was able to realize the stock is not going anywhere but down unless there is a major PR like they have a contract and are actually going to do some work. As most of the alerts we seen they have no business operations, and basically we have been dealing with a shell company. In my opinion, it is better to cut your losses and make what money you have left work for you instead of working against you.

Good luck to everyone, I will continue to monitor the board and help when I can. Yes charts and TA do matter. They work just as well when the stock is going up as it does when the stock is going down. From what the charts are showing there is no light at the end of the tunnel anytime soon.

HOWEVER I hope that I am 110% wrong and a huge PR comes out and you all tell me I told you so! Got my fingers crossed for you all.

GLTA