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INOD: Easiest profits-play of the day!! (Stop playin' those cheap under-a-buck crap!!)
Nice increase in gross profits $30 +
25%
Ok, I was pretty close today....predicted a 4% loss, I further predict Friday will be a "nothing burger", and we begin modest gains on Monday....continuing the -2% to +2% behavior described in prior post. That will continue each day until Financials release. Then BOOM...another big, BIG jump up.
I did some analysis on the past 6 months trading activity. not sure how to upload a photo here, so I'll just type out my findings.
Daily Volume / Daily SP Growth rate correlations (Past 6 months)
Findings:
- Typically a low volume / stable stock with long term growth potential.
- 71% of all trading days were below 500K volume
- This stock is NOT dilutive. 80% of days where losses were >-2% were on low volume days, less than 500K. Only 8% of days recorded a loss when volume was above 750K.
- approx half of all trading days, the stock movements floated between -2% loss and +2% gain, with 70% of those days being GAINS and 30% being Losses. ....ahem...long term play.
- This stock gaining days +2% or higher can be found on both high volume days and low volume days, nearly 50/50 split
- of the 15 days with volume over 1M: only 3 days with sp loss, other 12 days are sp gains at an average of 14% gain per day. The average consolidation following those gains is approx -2% to -3%. +11 to 12% gain differential each +1M volume level up day.
- Stock lost more than 5% on only 5 separate days, following these days the average "bounce back" sp gain is +7%. +2% Gain differential on each large loss day.
- Stock gained more than 5% on 23 separate days. Large gain days out pace large loss days by approx. 5 to 1.
- the last 3 bullet points mean that this stock RETAINS substantial Share Price growth after the "dust settles" when large gains are seen, and the Stock rebounds HIGHER after large loss days. That sounds like a win/win ratio to me.
Overall summary on "how to play" this stock.
- This stock is a "long term play" with minimal pullbacks creating minimal short term profit opportunities.
- low volume stock that moves UP on significant volume with modest/small pull-back period after each large volume/SP gain….aka people taking some profits
- If you do take profits on gaining days, please recognize there may not be chance to accumulate again at a lower level. (only modest pull-backs occur)
- The absolute BEST TIME TO BUY is DURING a Large Loss Day! If you wait for the next day-ish, the stock will rebound on avg +7% and you've missed a better buying opportunity.
- Institutional ownership is diverse and growing, with minimal groups exiting the stock.
- Based on this analysis.....TODAY is NOT a large loss day at -8%, because the stock grew 25% the past 2 days. I would anticipate tomorrow to finalize the pullback at around -4%, but that will be about it for the "pull-back" leaving the "gain differential" at around 13%....it's on to the next level up at that point.
Buy more shares either now or buy in the morning.....that's the best time to get more.
Hello $20 mark....nice to see you! Let's trade TONS of VOLUME at this spot and build a nice foundational floor for the next huge move to $100! I love a healthy chart!
Well...we might see above $20 sooner than I anticipated. Thanks for the uplift Motley Fool. https://finance.yahoo.com/news/2-artificial-intelligence-ai-stocks-092500064.html
I think that trend is going to continue with some newer highs over next 5-6 weeks....then settle for a little while prior to next jump up. I'm actively trading this one and adding to my LOOOOOONG position as we go. GLTY!
I've taken a LOOONG term position in this one. I appreciate the clarity Mgmt provided about their services....should help everyone understand their Go-to-Market strategy and limited need for Operating capital (cash) vs other "AI" companies. This will be above $20 in 2 months, but I think this will be $100+ in 1 year....big crystal ball of $200+ per share in 2-3 years.
Hello my friend, new to this board. looks good.
so i is wolfpack hit piece claiming their AI “claims” are all lipstick on a pig and they haven't changed anything over the last few years, in fact no R&D spend at all
hopefully company responds
https://wolfpackresearch.com/research/inod/
broke past the $9 dollar 6-month ceiling and it bounced up above $10 again. Chart shows it reaching near $11 prior to any substantial selling resistance. If $10 holds as a new floor for 2-3 weeks, this will see $15 again by spring time.
Thanks. Isn't 14.8 million cash a bit low for an AI company? I suppose that Credit line will help.Wonder what their cash burn is. Looks like it stabilized after that recent drop. Watching and waiting to add more slowly
https://innodata.com/investor-relations/
click "Investor Presentation"
welcome to INOD - it will be a fun profit ride. check out this Investor Presentation, see page 32. "Clean Balance Sheet". $14.8M cash on hand. no external debt., access to $10M credit line, and most significantly, Low Shares on issue. quote, "Since inception (30+ years), we have not raised any capital from external investors, and our operations and investments have been funded through our organic cash-flow."
Yes, I'm definitely still in. The O/S float is super low and they are not adding shares......so any large institution coming "in or out" could make this stock move fast up & down....I'm guessing a big holder moved funds to another AI stock for whatever reason they may have. I'm taking advantage and adding in...added some yesterday and will again today when market opens.
Starter in INOD, 5.87 avg,small position.Don't see reason for drop last 2-3 trading days
INOD are you still in?Looks like a good AI company. Been trying to find reason why the price dropped 20% on 11/22 on high volume.Thought I'd ask you since you've been following this for a while.Thanks.