Nexus Energy Services Inc (IBGR)

[Bucks4Buckeyes]

True, but I am a trader, not an investor, and except for potential R/M companies, as a rule I don't stay more than 20% down on any stock.

I must keep an eye on day-to-day pps because of the system I employ - but I am not a day-trader who worries about hour-to-hour trades.

So, I have averaged down over the course of time, and now have to decide if I wish to average down again this week or next week.

The point of my reply to 5STRING was that while it IS encouraging to see the float numbers, I did notice the phrase "claiming their core holdings to be long until at least product launch" which I think is very important and very aptly worded.

I did not want to be included in that number because I don't want to give my word to people here that I will do something which I may not do. I have every intention to be here for 2-3 years, but I also react to updating data and DD and then act accordingly for what is best for me. So, I may be gone by Christmas (although that is NOT my plan).

I applaud COMMON CENTS, NADENDLA, JOHNPLAYER and the others here for the initiative to see what % of the float is being accumulated, so we have an idea of how much more shares may yet be sold. However, I want to remind everyone that the float number is a static number, we will be notified when shares are added - but very few people will notify the Board when shares are sold.

Therefore, just be careful about trusting the complete number to always be accurate, it can give us a good idea of what has been purchased, so I am encouraged by that. But I will not use that number as a factual basis for my own buy/sell decisions.

All The Best and let's close green today.