fib ratio, page-6

I can't understand why Fib Ratios are so relied on.To me it's the Maths System of Vegetables that seems to have there Parameters set on whim.
Anyhow,while you're waiting for Earth Shattering,Fortune Making News,here's some leads.

a]In the month before the Big Placement,DOW wire service put out a story about all the Fuel Cell Operators listed in Europe.There were some 8 or so in the Sector.Handy to know this so you don't get the idea CFU is some World Exclusive.

b]CFU's main UK competitor is Ceres.This company is often disparaged as being years technically Behind CFU.However it has a very limited Shares on Issue[150 mil max from memory]plus it is supported by British Gas.BG of the Seam Gas Crowd up doing Gladstone.

c]CFU's main claim to Fame was that it SAID it was going to be First into Commercial Production.It's $30mil is all earmarked for building a factory in Germany to make Boiler Components.It has NO Application for say Cells for CARS.NONE!!

d]As for waiting for imminent release of News?Well,last time CFU got the supposed running for the Nuon Order,it was at least a YEAR before anything further came out about Progress.Nothing!! No definite news about meeting this particularly Maybe Order six or more criteria.
CFU because of these numerous Competitors,I suppose,operates under strict Commercial Confidentiality GuideLines ie CFU doesn't issue News with much GUTS to it only MotherHood Statements and Gunner Do/Could Bees like the last one.

e]CFU has a tendency to release News to the AIM Market after 4 pm Oz time.

f]It used to be that the AIM market followed the ASX.Best example of this was the Nuon Announcement where AIM knew of it but only traded up some 15% before ASX Opening.When the ASX opened CFU did near 100% on this News and that night AIM followed our Lead.
Do you follow?AIM responded to the ASX price lead.However seeing as well over 50% of Shares on Issue are Now held OverSeas this may no longer be the case.

Anyhow,there's Long Term Holders who have much more "Goss" on CFU but all you "newbies" even though some of ya have waded in with more than a Million Shares well are a "real education" to some of us.

Hold that Stop Loss point.Stick to your Plan.
As far as I can tell CFU is being Distributed NOT Accumulated for very good reasons too.

Happy Trading.