.0420 -.0880 current trading range for FITX Wit
Post# of 56323
Posted On: 06/08/2014 1:43:40 PM
.0420 -.0880 current trading range for FITX
Without license this is the low and high range. With license the low remains at .0420 although the high will adjust. Personally, I set GTC Limit orders to buy at .0425
I will stay away from taking profits for accumulation purposes for now as we are close to getting licensed and with no real benchmarks on OTC to measure against it is unknown where price action will level out.
Once license is issued intrinsic value will be established and PPS will eventually level out but FITX share structure will continue to cause sideways trading for quite a while with such a large quantity of shares coming into the market just after license occurs. Expect to see wide price action fluctuations due to a combination of profit taking (anything over .10 - .11) along with the referenced shares entering the market.
Without license this is the low and high range. With license the low remains at .0420 although the high will adjust. Personally, I set GTC Limit orders to buy at .0425
I will stay away from taking profits for accumulation purposes for now as we are close to getting licensed and with no real benchmarks on OTC to measure against it is unknown where price action will level out.
Once license is issued intrinsic value will be established and PPS will eventually level out but FITX share structure will continue to cause sideways trading for quite a while with such a large quantity of shares coming into the market just after license occurs. Expect to see wide price action fluctuations due to a combination of profit taking (anything over .10 - .11) along with the referenced shares entering the market.
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