iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Fly Buy: FTK

I bought 10,000 FTK @ $16.25.

Disclaimer: If you buy FTK because of this post, you will never learn lessons. And, you may lose money.

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10 comments

  1. gappingandyapping
    gappingandyapping

    Broker what am I missing that you are getting about FTK? In my low IQ opinion if they are not operating well in this environment what makes them operate any better with oil at 100 or 80?

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  2. Green Writer

    “As described in the first quarter press release and earnings call, a four month delay in parts for the downhole tools segment and higher corporate costs contributed to quarterly performance that was not in line with management’s original estimates for the quarter. Revised guidance does not assume that this miss can be recaptured in the remaining three quarters.”

    you guys must be kidding me. selling FTK off on this already public news. come on people, get a life. you are putting FTK at at pe less than half its growth rate and thinking you are smart. i will be happy to buy more at close to my average and wait. managements guidance lower will only be a ++ when they start to beat in the q3+ window.

    this is comical the way the shorts think this is news

    Stock needs a $16.52 close otherwise more downside remains

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  3. Mushroomz

    I will never learn lessons.
    I can’t even remember memories.

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  4. PharmPhucker

    Buying FTK here is like watching a Pig give birth, then sitting down to a pork chop supper. Ever seen a birthing pig? And I ain’t talking about fly’s wife. Well, it ain’t a pretty sight.

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  5. WorkingMan

    I bought calls to pick up the slack.

    Anyway Fly, you’re still a visionary…you had referred to your source as having “nuclear bombs” on his collar.

    Boom.

    But I’ve learned to roll with the always present X factor in our beloved market.

    Flexible mind. See opportunity. Take it.

    Still appreciate your call on it as I don’t regard a bomb as a failure, but rather an opportunity to engage my exceptional mind. Calls should absolve the drop…and I still like it long.

    Enjoyed the ride on FNSR, but I don’t see her holding pushing through that $1.90 area before a pullback. Time to breathe and then back in.

    WM

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  6. WorkingMan

    Hey PharmPhuck…you might consider drawing the line there, commenting on a man’s family ain’t cool.

    And it ain’t funny.

    WM

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  7. PharmPhucker

    WokingMan – I’d say something about your wife too. But, I stare at Cow Shit all day and won’t comment on anything uglier or more smelly.

    Buy FTK. Use your profits to buy your wife a nice makeover.

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  8. #8

    PharmPhucker likes to put lipstick on his pigs and mascara on his sheep …

    Developing

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  9. PharmPhucker

    #8 – no shit. I rent ’em out by the hour to Traders who drive to my Pharm from the big city. Those phucks make money in the market. They give it all to me for 10 minutes with my farm animals. You been to my pharm lately?

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  10. #8

    No, my member fell off from a bevy of beauties sucking on it so much that I have been banished to the mound of venus, but I heard you were still single which explains the farm animal fetish …

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