CFO. Chat thread..., page-54

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sylau90

1,558 Posts.

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20/12/16

20:04

Post #: 21471086
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Originally posted by skyscraper99 ↑

Great post and well laid out

I think production will rise a lot during the year with installation of new machinery

Yeah should be around $1.50 before any new contracts

Sylau if someobe buys 27500 for 50 cents and sells them for 50.5 it is $137 profit not $1300 minus brokerage
But yes they seem to be pip trading and small timers but at some stage real investors will move in

Frontrunner when I say credit traders I don't mean credit card but trading with a broker on credit so they haven't got weeks but hust a day

They buy hoping it will rise but if it don't they have to sell the next day
That is when you see desperate sells at any price and if there are a few of them the sp can get belted
Some buy and then sell within the day and then buy back which starts the time again even if they sell at a loss
Probably why we sometimes see buys and sells for same price and bol

But if they continue to gamble with no money they can get into trouble

I know a friend who was a very good poster here lose her house and she was a very experienced trader

So there is a lot to this trading game

CFOAM is producing, has orders, now PFOAM with more orders and a very low market cap compared to peers

Maybe PFOAM ann and orders will start this on the road to fair value

Have 6 figures in this so far

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Wow, was the 6 figures in unit or dollar term? If in unit I got same and close to 6figure dollar term too

CFO Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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