Q: Hi 5i,
FTG has had 2 good quarterly releases in a row now. Your last reply to a question re FTG (Oct 9) was just before they released Q3 numbers (Oct 10) (normally a quiet quarter).
Is there anything in their Q3 results to get excited about?
It looks like their transition activities for their last acquisition(s) is finally starting to contribute nicely.
Given the caveat that it is small cap, should one continue to watch this company (in this volatile market) or could one step in for a 1/3 position over the next 30-60 days (considering tax loss seasonality) given the lows of the stock price (down 38% YTD)?
There didn't seem to be much market reaction to the Q3 numbers but that could have been due to the market volatility ....or it simply went unnoticed.
Cheers,
Steve
FTG has had 2 good quarterly releases in a row now. Your last reply to a question re FTG (Oct 9) was just before they released Q3 numbers (Oct 10) (normally a quiet quarter).
Is there anything in their Q3 results to get excited about?
It looks like their transition activities for their last acquisition(s) is finally starting to contribute nicely.
Given the caveat that it is small cap, should one continue to watch this company (in this volatile market) or could one step in for a 1/3 position over the next 30-60 days (considering tax loss seasonality) given the lows of the stock price (down 38% YTD)?
There didn't seem to be much market reaction to the Q3 numbers but that could have been due to the market volatility ....or it simply went unnoticed.
Cheers,
Steve