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Levered free cash flow is the amount of cash a company has left remaining after paying all its financial obligations. Levered free cash flow is important to both investors and company management. According to yahoo statistic on IRNC, it shows that they have over $4 million, can another confirm this?
The ADX is over 25 (25.71), to my recollection, last week the ADX dropped to 18., not to mention, the chart is starting to look bullish.
The ADX is back over 25, the chart is looking attractive and appears like if it is ready to shoot straight up. The RS Ratio and RS Momentum is under 100, but it looks like the RS Momentum and going to take the RS Ratio straight up.
Under no circumstances am I hyping IRNC, I am giving my analyst on what I am seeing CLICK TO VIEW CHART
Thank you for your input and I hope you are right on your last statement, but institutions usually know in advance and buy into the company on future expectation, they don't wait until it comes out.
Why would the CIA, NSA, and U.S. Military, I would as the question, did you read or hear about the CIA and NSA created google and facebook? If so, for what? My question, if the CEO is stating that the CIA, NSA, and military was involved in perfecting it, why were they involved? Here is the link that the CEO mentions their involve, you probably heard it in the past, but many on this board saw that...
You are correct, does not mean that it is impossible to changing the IP address without the internet being turned off. But what make IRNC security encryption is that it protects everyone data and in transit and that by putting their chip on phones they get paid royalties. What is interesting, the CEO of the company mentioned that the CIA, NSA, and military was involved in perfecting the product so that it be able to work on a commercial basis, which implies that they have perfected the product.
To my recollection, they mentioned the IP address and I recall the encryption key, but I think that had to do with the IP address. Another thing, the way technology is moving they have apps now that in order to download them you will have to give permission to allow them to access photos, etc., even keeping your phone on. If they can keep your phone on then I am sure an IP address can be changed without the internet on the phone being disconnected.
You being in the IT technology industry, you probably know more on this topic, but remember, who would have though that one day man would go to the moon.
I have to disagree with your statement. This encryption security threatens such companies being that it will change the IP address on a continuous bases.
Don't you think institutions would know that and get on the bandwagon?
Their phone encryption is the reason why I am holding on to the shares, and in my opinion, I do not think that google and apple likes IRNC security encryption patent, which is probably why the stock is being held down. Think about this... why isn't this security encryption available on cell phone, but only satellite phones?
Future expectation is what moves a stock and with this being said, why isn't the price of the stock rising? I have an opinion, but I won't bother posting it.
About 3 weeks ago, I posted that unless a good press release is issued you will see the price of the stock dropping until after the first week of September and I was correct, I also called .004 and it hit .0041. Today starts the second week, this will will be interesting because the cloud is no thin.
Now two flat tires and you are just standing there doing nothing about it; GET TO WORK, you were hired to do a job and if by Monday the flat tires are not fixed you are fired.
I stated, that IRNC will stay on the runway until after the first week of September, unless a good press release is issued. Next week, will be interesting due to the cloud, it became narrow. If nothing happens then we will probably be a long while on the runway, but as I previously stated, I will sell at .21 cents or better, while many will probably sell at .02 cents.
How do you know it has a flat tire, unless you're there. By the way, as I stated, I will sell at .21 cents or better.
IRNC is appearing to get back on the runway it moved away front. The chart is starting to look good and remember what I said, that it will stay on the runway until after the first week of September, unless a good press release is issued.
IRNC Chart
I do not fall in love with stocks and as for penny stock I invest the amount I am willing to lose because they are risking. INTV from pennies went to $7.00, but dropped back to pennies. I held a penny stock for 2 or 3 years (dead money), finally it went from .006 or .0006 (cannot recall) to .02 cents and I dumped it.
As for IRNC, I am selling at .21 cents or better, I will take out my initial investments once I double.
I previously stated that IRNC will be on the runway until after the first week of September, unless a good press release is issued and it appears as if I will be correct. Next week will be interesting and let me mention, to my recollection September of last year the stock was $9.00.
I either will lose it all or will get the price I will sell. Again, when investing in penny stocks one invest with the risk of losing it all.
Read post number 15093.
No one should panic for two reasons... with penny stocks you invest in a stock what you are willing to lose because most likely one loses it all and secondly, this stock will go up to .21 or better.
Like your statement, "I bought in at 0.01 and sold half at 0.03 so have a load of "free shares" so no worries here about losing and any invested money." That is how I play, use their money.
I have nothing against Portman, and I am sure he is a sincered person, but one can be sincere and still be a hypster. He could average down if his cost is between .007 and .008.
To my recollection, I am about .0154, on 5 buy trades. Being that I invest a certain amount on penny stock company, if it goes down I will not increase my position, though I might be tempted. I have a set price between .21 and .30 cents a share, which is why is not a big deal to me to buy more shares. If I were to increase my position it would not be to average down, one needs to be careful in averaging down because it can stay down. I heard on stock for over 2 years, about 3 months ago I decided to see that the stock is, I basically ignored it, it hit .02 I sold quickly.
Words of wisdom, if you have a target price you need not to average down!
I was planning to ask Portman the same question, but decided not to bother responding to his post because in my opinion, he is a hypster. If he really wanted shares he could have bought today at a lower price than .006.
Grandmasin, who I think is okay says that Portman has a head on his shoulders from what he can tell. Everyone does, but one can identified hypsters the way they post.
Ace I depicted him as a hypster with his engine phrase and he had many shareholders going with the engine phrase.
I probably was the one that brought out the runway, but I used it as a figure of speech to allow one to visualize what I was seeing according to the chart and it appeared that I was seeing correctly. I called 3 prices according to the chart, one dropping to the .004 cents level, but I did not expect a plunge.
The charts is really interesting, it is giving the appearance like something soon will happen.
Remember when Qualcomm was about 16 cents. If IRNC can get their device in the phones they will have a beautiful story, but I think they will be taken over before that happens. Just my opinion without trying to hype the stock.
Like Portman? There was another guy hyping the stock everyday, but he's been gone after the 10K came out.
Runway would be a figure of speech, like a plane taking off on a runway and sometimes you will feel it like moving side by side. Same appears with IRNC, on a runway moving side by side but could not get off the ground. Yesterday it slipped over to a lower runway. Your concept is well accepted, but I am using a figure of speech.
According to the chart, the only thing I can say is that it is on a lower runway. If it gets back (immediately) on the old runway it is a good sign and I can see it going through the cloud in September, but for now I see a lower runway. I am considering increasing my position by 50%, but I will after the 1st week of September.
When you buy stock you place a buy at a price or better, in other words, if you had a buy at .005 cent the buy price dropped below .005 with hitting 005 it still should have bought it for you unless it was right before the market close. If you still want the shares call your broker and ask why it didn't buy for .005 or better on the drop.
Read the post before that, I added what the price of the stock will go to and I was correct on all three, but the third price I did not think it would plunge that quickly.
First, when investing in penny stock, you have to invest with the attitude that it is a possibility that you will lose it all which it why you invest with what you can afford to lose. Now, I recommend that if you doubled your investment, take out your initial investment and play with there money, if you lose the profits, remember that you didn't have it in the first place.
As for what is going on with the stock, I called it, but the fact that it plunge to what I said quickly, in my opinion, some good press release will be issued, if no, then we will laggard for a long time and they will pull a reverse split to attract, meaning many will lose money. Again, this is just my opinion. I called it and it happened to fast, I was not expecting that, which is why I feel something will follow.
Glad you pulled out and if you own shares there is no need to buy more unless you want to risky it.
I do not believe those who say they are buying more to increase their position unless they give an odd number of shares before buying and it is fulfilled and we can see that odd number of shares that was bought.
Penny stocks do not plunge that quickly!
Think about this...
First, I called it correctly according to the chart, read post number 14979 and 15040, but I will say the following... if there be a lot of buyers at these prices, does that mean that it would rise to .007 so that they can short the stock again? My recommendation, if it hit's .007 all you who worry that it will drop sell your position, seriously. I will keep my position until it hits .21 cents or better.
I previously stated that if no press release is issue before the second week of September the stock will stay on the runway until after the first week, then time will tell. But the fact that this really drop to .004, this was not a short. Probably someone knows something and it will be confirmed with a good press release that will be issue soon? I will give my opinion here, YES! Maybe I will see my .21 cents.
Today will be an interesting day, I who will be buying?
Remember with penny stocks, as fast as it goes up that is how fast one needs to sell, otherwise you will lose it all.
By the way, penny stocks do not plunge that quickly!
If it goes into the .004, then IRNC will be on the runway for a long time and do not expect news, it will move on hype.
If what you say is through then expect the stock to drop to .005.
Read message No. 14979, I called .0058 and it hit it, I called .0056 and it hit. If from here to after the first week of September they do not issue a press release expect .005.
I am a shareholder, but the charts says it all.
Patent approval is not going to move the stock, what will move the stock is licensing these patents. The phone project appears to be more of testing and that neither will move the stocks, contracts will.
Most of you shareholders were hyping IRNC prior to the 10K/Q, now that you saw with your own eyes that it was nothing to boast about you stop posting, this is how it is with hypsters.
As I stated, unless a good press release is issue this stock will stay on the runway until the start of the second week of September then we will see if it will move on future expectation.
What is the next penny stock that is being hyped?
Forget about calling, the company will give you what you want to hear. One needs to be patient, IRNC I feel it will make everyone money. Grandmasin might be flipping this stock but I am certain he has some shares on the side just in case, just my opinion.
My apologies, I should have figure that out myself, good that you flipped it 5 times. I used to flipped the moment I made money, but I lost much potential profits, so I will just hold. Here is one... I bought INTV for like .01 or .02 cents, cannot recall, sold at a profit the stock took off to $7.00
What's up? the stars, the moon, the sun, all the body ornaments, unless you want to hear something about IRNC and if so, what?
Word of wisdom... cut your loses and your will be a winner, unless you want to lose all. One more thing, with penny stocks you need to understand that you are investing not only with expectation of making money, but with an awareness that you can lose it all.
The moment you hear about a RS you should just sell and take a little lost and if it continues to go up you lose potential profit, but most of the time a RS usually drops after they execute it.