I doubt it could be called a pump and dump, some buyers have been accumulating when the price was below 5c but the volumes are really quite small, I think until today it has just been moving up again on small volumes as punters speculate on some potential announcements ahead moving the price. Todays action with the strong open could be more of the same but also could be someone that knows or believes 1derful could be closer to launch, which in itself might move the price. This is a very low cap stock, so any of it's investments coming good could put a rocket under it. I mentioned in a previous post that I thought a lot of investors would be break even around this point so might be looking to get out, so any move not based on real news will hit heavy weather. I am sticking around for now as surely something they do will make this a 100M stock in the next year.
FFT Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
