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Monday, April 25, 2011 3:19:44 PM
Spells it out pretty good! And that is the problem, isn't it! We are scared to average down as there is still a lot of bottom underneath this HIGH 5s base with no real relief in sight.
Yes, tomorrow this could go GOLD. But when you look at the track record, a 95% drop in PPS in six months, uncertainty lives long and strong with FLTT. UNCERTAINTY! That word means something to many traders, particularly those who have been on this illustrious ride for any period of the past year. Obviously life is filled with uncertainty, but each of us need to draw some line along the way. BAG HOLDERS have been horrifically abused in this position as they fed on good faith sentiments. Let's see, a $1000 six months ago, $50 now! WEEEEEEEEEEEEE..............
One thing is a fact. At these levels, if FLTT were to finally come to life, the HIGH 5s look really good. And then again, the LOW 5s look even better and of course the 4s are even better and...................
It's not about whether or not FLTT has a good business plan or lots of potential, it's all about the UNCERTAINTY, the absence of any positive news showing revenue versus dilution. If there were no UNCERTAINTY! we would be seeing FLTT at 0.0001, as that is certainly a bottom figure, or perhaps at 0.35 more or less. Get the drift!
Good luck
NOTE: FLTT IMO not intended as investment advice.
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