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XQ, I think what I was asking
is the f/s designed to increase the shares held by the company as well. Does the company get a little dividend?
Good point.
First, let's get the split. That seems to be in some doubt today.
Second, is it across the board? Dividend would suggest that it's only shareholders' shares that get the 'dividend'/split. Yes?
I'm still back on 'are we really getting a split?' I think that is very controversial at this time on the day of. I welcome anything timely and honestly put to us. Let it come as spoken of by the board. But it would be a bit of a catastrophy if this is pulled for some reason? This would make the third 'pull' in a month. Real time, the buyback, and now the F/S. All courageous but somehow wearing on shareholders. Don't say anything at all if it's not going to happen, is my mantra at this point.
Woody. hangin' or hung...not sure which today.
Good Morning i-Feenixers (there's more)
Something in my gut tells me this ain't happening today. No news to spur us on since the announcement. No volume much to speak of since which might indicate that people who can find out about such things knew it wasn't a threat (filings that didn't take place, etc.).
I think there might be some disagreement in management about A/S amount or something. Look, I don't know? It's just too quiet out there for this to be taking place today.
Thoughts?
Just my retarded opinion so don't blow smoke till dusk.
Woody.
They all were yesterday weren't they? eom
The next two days are crucial. I think we a edging toward a very dangerous abyss. I, too, am a bit nervous. First the share buyback and now this? My advice, focus on the company product, Ben, there is I-Capital and Trader that need to be your main concern. I am beginning to think that there is some serious disagreemt within the company ranks and the board of directors. This is NOT good.
JMVHO, fellas and lady.
Woody,
Etrade red turns green as inverted numbers look right positive doing yoga on my head. I hope this day turns a corner here. Go Inix. OG XINI.
XCLR, what happened to code?
Maybe all the PR's are in code and the numbers are all backwards. WOW. We're doing pretty good.
I'm still thinking we need to send our ten dollars in and raise the profit margin a bit. Copter Ben, I think it was, made me laugh pretty hard with that one. I would actually do that if we all agreed and Ben would plaster it to the bottom line.
Just joking around till big news comes out and all of us can meet in the Caymans.
Go INIX. The Finch that became an Eagle.
taht saw a doog eno. OG XINI.
I've been in several splits. So far none of them have been good either way in the short run.
Shower Karma, hehheh. Took our train of thought off our objective, INIX.
Woody, messing around.
SO, who's selling shares and who's buying them during these two days before Sept. 10th? People who buy them ain't gettin' the dividend so what's the point? After splits usually prices go down a bit anyway (mvho and experience), or a whole lot, just my experience. I'm caustiously optimystic (not mis-spelled) but don't want to get caught in any irrational exuberance. NObody's ever thrown money at me from a helicopter either.
Woody, this hemp rope is really strong, thank goodness.
You don't think management had intended that along do you? 2 fer giving us all two shares for each one we own? Actually, I never thought of it quite like that but it sure does make sense, if you do the math, I mean. Otherwise you get two back for every one you turn in. Oh, well, it was a good laugh and we need those more than ever.
Woody, with rope burns.
Forward split is pretty much over yesterday
as we understand it, no?
Nice dividend.
So now what?
Woody, eating the bark of his hangman's tree, hangin' till the rope breaks.
Well, there was a vague flutter of buying the end of last week and some postulating that today would be a humdinger. So much for shorts, naked or otherwise, so much for theories of great evil doings and MM's nasty tricks. It just might be that we have a company that needs to prove it can make money, period. That's not a good thing or a bad thing, that's just a reality here. The rumor is gone and now we are left with the facts and we need a lot more of them facts, to make this baby purr. 'Show me the money' isn't just about sports.
Woody, hangin' till the rope breaks.
Go INIX (I-Feenix)
Ben, feed us. Go INIX. eom
Absolutely true. Go get 'em IFeenix. eom
inix.
INIX, this is your day to shine. eom
Pheonix. Which is the way Ifinix is pronounced. I-Pheonix...pretty cool really...out of the ashes.
The bird's off the cloud. eom.
AMM taking the lead with that last post. I love it. I'm so confused I'll have to hang on to my shares till my head clears.
Woody.
I think coolbill gets the
crab massage for sure. Love his post #41. Might throw in the house, too, while your at it, Ben.
Well, if they take half your shares away will they raffle them off to raise profits?
I'm still laughing...if we all donated 10 bucks to the bottom line just think...we'd be danglin' the worm for new investors on here for sure.
Woody
Forgot...GO INIX eom
SOOOO, a 2 for 1 actually nets me 3? I'm cracking up. This is better than the races.
Woody.
Laughed out loud. Thanks, Ben. eom
Coolbill,
I'm chillin' with you, as well. Got all my shares tucked away and waiting for retirement in two years. Got to love it.
Woody.
SOooo, if there's no short covering going on with this F/S then there really is no reason to do it EXCEPT increase A/S giving the company more shares to work with imvho.
Another weak explanation could be, volume might increase making the stock more volitile.
Trying to figure out a CEO's reasons for doing this is like pitching pennies.
WELL, we still don't know if the F/S will come off - like the stock buyback PR that didn't materialize. (I'm glad it didn't and I might be glad this won't happen either)
You know, when you go fishing you throw the hook in the murky water, hoping, and sometimes you pull up a whopper and other times you might just have minnows nibbling.
My own take is the company should concentrate on it's platforms and get the whole picture hung first.
What do I know?
Woody.
With analysis like that you get ignored. eom
For all those reasons, Richie,
and the one reason that really poked me right between the eyes was the cheap packaging of the detectors.
My take is that it's only a matter of time before science comes up with a commercial electronic sniffer that will ultimately make all this chemical detector stuff quite obsolete.
I was drinking the coolaid for a long time, too.
Well, I can't say I've wised up (INIX), as you know.
I do want IDTA to succeed and keep a jaundiced eye on it, hoping for some startling news that shakes the PPS loose. But for all the hoping the dilution is a killer.
Blessings to all longs (friends)
Woody.
And I've had plenty of bad Judgement with INIX, but averaging down is always a risk to reward gamble. I do it on every Pinkie I own, sometimes to disasterous results.
Let's make this count, INIX
Woody.
Unless those short shares never had to be accounted for. Company goes bust after trying for months to figure out what was happenning to it. Goes bust and the naked shorts run off with the money.
It's worth a shot to find out what's happening here. Good work Ben and bring INIX to the front and find out what's going on. Ane where is IFINIX Capital and Ifinix Trader? I want to move my account.
Woody.
ggdyall, that is a really good summary with a very nice tag on the end. Shares issued by the board will determine if this is a ligit F/S in our favor. And if there is a large MM short and we do have the bowling balls to hold tight, we could be looking at a very interesting week ahead.
Feel the energy, INIX
Woody, hangin' till the rope breaks.
Wally, I hadn't thought in the direction of liquidity and trading volume. I agree, important to see how much they raise the A/S. Could be a smoke screen for a whopping increase.
Copter-ben bernanke,
I'm wonderin' if there isn't something else up the sleeve here?
I really don't know unless it is to expose hijinx?
Calling it a dividend.... well, it will certainly make each share cheaper but I'm not sure that's going to make them more attractive, hehheh.
Truth is, after hoggin' down between .0014 and .0011 my bushel basket is running over. I'm not touching anything up here in the stratosphere of .004 and higher. Certainly won't buy any after the forward split.
BUT...I'm very curious to see what transpires here.
Woody, hangin' till the rope breaks.
Couldn't this expose naked shorts on INIX if there are any? Putting that rumor to rest?
Woody. Hangin' for the double exposure.
Doesn't this force shorts to cover?
Got to think, somebody knows something? eom.
Richie, there are 6.5 billion shares of Identa? What the heck is going on over here? Wow.
I've got to be honest, I'm holding out for some big developments and a price change before I'm back into IDTA. Frankly, Identa (and all other Pinkland fare) have cycles. This one isn't due for another wonderful run for a few years. JMVHO. I waited for several years for the last one and was duly rewarded. I'll wait for the PPS to settle and buy in and ride the next wave up. But it won't be for a while...again, in my very, very, very humble opinion. I love this stock. Yaacov is a very smart man. He was gracious enough to have an hour long discussion with me two years ago and it proved worthy in that he was honest and quite transparent. He's in Pinkland. The stock is so diluted, sooo diluted.
Well, good luck to all longs and I'll join you again when I see the PPS settled and some hope of a resurgence.
I'm serious...check out INIX if you're hungry. Today wasn't bad, up 30 percent. Make some money over here and invest it back in IDTA. I will. All just my very humble stinkin' opinion.
Woody, waitin to get back in when the rope breaks.
BIG BEN, I enjoy the day-dream. eom
INIX is making it's statement this week. eom
Doing my part for INIX by averaging. eom