Short Term Trading Easter Weekend Lounge 29 Mar - 3rd Apr, page-37

STTCOMP FGO FA LONG

FGO ... Flamingo [formerly CR8TEK ASX:CR8] Software as a service Co.

MC ~ $50M
SOI ~900M SP currently 4.6 cents

Cash $15M [Feb 2018 Qtly] no debt

I tipped this on the 15th March when the SP was ~5.5 cents....since then the price has been sold down to 4.6 cents [and to a low of 4.2]. I am tipping it again because of a special crossing of 35M shares @ 4.6 at the close of trade on Thursday. imo... there is nothing wrong with the FA on this Co. It is speculation on my part, but I believe that the special crossing will signal the end of the selling by a large holder which the retail market could not absorb. [disclosure .. fwiw.. I personally kept buying when the price dropped]