Sean K
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- 21 April 2006
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Thanks for your thoughts rockingham. Sorry I happened to mention management, that was illconsidered. I haven't met them myself and can't comment. So, are you a broker, analyst? Obviously you have access to some pretty good info on the company. I've just got the announcements and their web site.......rockingham178 said:Kennas
All due respect but I can assure you the analysts see this otherwise, GT Financial are now on record and suffice to say I firmly believe you will be hearing positives from Fat very shortly. The analysts I have read on EXT all have the same opinion that EXT was a negative only because of the heavy day trading, a very good reason the current activity is occurring with the stock having been actively manipulated.
This morning when all was looking down again an 800k offscreen buy came in at .10 over the top of the buy side of .098. I was tempted to place EXT as a potential breakout due to this but decided not to. Results are due out very soon and if these are what is expected EXT would warrant being placed in this category.
Despite the negativity EXT has been very tightly held and the consolidation will confirm EXT status as a leading U stock not just a flash in the pan day trader glory such as it has been and others have been recently. I have nothing against trading I do it myself but this needs to be placed in perspective. EXT will be recognised as I believe has already commenced.
Management talk is all cods IMHO.
Just as an aside, what's your understanding of 'tightly held'. I notice SGJ have 7% ish, and Peter Mc has a few (not sure what %) but that doesn't add up to 'tightly held' to me.....
I'm looking forward to day traders leaving this too.
(holding)