Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Citadel EFT Inc (CDFT) Message Board

this was posted on the DD board !!

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 4754
Posted On: 09/09/2013 7:28:02 PM
Posted By: overedge
this was posted on the DD board !!

















bearspread Monday, September 09, 2013 3:26:23 PM
Re: None Post # of  50267







CDFT and meeting  NYSE ALT volume requirements 

NYSE Alt listing criteria require an  ave of 2K per day over the 6 months prior to application. It's obvious the approx 35K shares traded since Nov divided by the number of  trading days falls just a weeeee bit short of that requirement. 

However, could CDFT management attempt to slime their way into meeting the criteria. If the herd gets excited enough, all they need to "average" 2K is probably somewhere around 500K total over a few sessions. There's nothing in the requirement which states the ave must be per day everyday - correct? Thus, the game would be to keep walking the  PPS up. Pick a PPS $20... $50, doesn't matter. Then announce some Earth shaking nonsense news, with paid pumpers standing by urging the herd to buy at 2.50. Volume shoots up, the 6 month average hit, and CDFT has quickly met the ave per day requirement of 2K above $2. 

Yeah, I know, I'm ignoring the 10Q suggests there are only 243  shareholders of record. Also, despite the irrational excitement on the CDFT forum, the Sheep believe they are going to sell for 2.50 instead of buy more at that price. But it seems possible if huge volume is generated, the stock could average 0 shares for most of 6 months, and then meet the average requirement in just a few days of smoke in the sky  trading .




(0)
(0)




Citadel EFT Inc (CDFT) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us