Make it, but not at another's expense
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End of day run up...parsing 1/100's of a penny.
Might touch 0.80 today...lots of buys
When they start parsing the pennies, and 0.001 is the difference, and then they move it to .0001 spread, you know we are at a tipping point
$.75 is broke...next up $.80
Crawfors, agreed. I would have just preferred they tweet out a "We are finalizing documents, and plan to release information tomorrow" verses this letter.
Granted the information in the letter was good, but you know that investors are chomping at the bit on the $50-$60 mil infusion from the Investment Bank.
That info will push this up...
They'll likely start parsing the spread with 1/100th's of $0.01 soon.
The letter did not state the deal was finalized. As Leandro stated: "no deal is final until it is final."
I am sure the deal is in the dot the I's and cross the T's mode.
For me, Monday will be key - I mentioned earlier that having an overnight or weekend to let investors do their DD would be important and help push the SP up.
My best to all Longs!
The important takeaway on the actual number, is that there is an Investment Bank that sees the potential of this company, so much so that they are willing to get in bed with IQST for that amount. IB's don't hand out money like this unless they know there is a potential to get it back - they are not in the business of "oh well they failed, so let's write it off on taxes"...they see the potential, and want a seat on the rocket...
My best to all Longs
unfortunately this was read as another non-confirmed PR. I would have rather they waited until Friday to show this as a confirmed deal, with all the details.
Either way, this will have an impact, likely on monday, but IMO, I would have held out until tomorrow.
This is still a great company, and the new year will prove that!
Best to you!
"In regard to the overall strategic financing, we expect to finalize terms imminently and execute a term sheet before close of business on Friday this week for $60 million in funding over a three-year period. Our intent is to primarily dedicate funds toward our ongoing merger and acquisition campaign."
Folks, ILUS is a nice stock, but the OS is too high, and I am not sure how they continue to finance their acquisitions. 1.1B shares needs to be reduced by 80% to be at the current SP.
I mentioned this was going to fall a while back, and with all the news the stock continues to fall.
I will likely buy back in around the teens if it continues down - this may rebound nicely into the new year
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166156158
Leandro has no set timeframe on when he releases letters or PR's other than that he has set precedence for Thursdays.
I see PR's/etc being released from 8:30 to almost 10:00 on Thursdays, with a few coming in on other days.
Best to all Longs!
Just to keep the signals clear on the $50 mil infusion, Leandro stated that they should have this closed before year end. There are 2 trading days left this week.
IMO, whether its tomorrow or friday is fine - I would honestly like to see an after hours letter so that investors can line up to push the SP when the buying starts.
We have gotten used to the "Thursday" Letters to the shareholders, and it would be great to see it at the open, but if it doesn't happen until Friday, that is also good...one day extra just builds more anticipation.
Best to all Longs!
That is the Dec 21st letter from the company. Tomorrow will hopefully be the $50 mil letter :)
They are letting it slow walk up...wondering what tomorrow is going to look like.
The smart play now, would be to announce the $50 mil after the market closes, and let investors think on it tonight in anticipation of tomorrow.
Best to all longs!
Anything is possible, but IMO that will not happen. If another company signaled an effort to purchase 51% of the company outright through a stock purchase, the stock would sail up in price. They would have to do it sneaky through purchases here and there, but again, the float would reflect that, and we would see evidence of that in the SP. That 51% only gives them control over the direction of the company, and does not mean they own it outright - that is dictated through legal channels.
Could IQST be on someone's radar, Yes, but there are a lot of companies like IQST out there.
I think we are going to get to the NASDAQ before any other option takes place.
Best to you
I would love a stock buyback to retire shares, but $5 mil won't make the impact we would really want. For that amount, they would get ~7 mil shares to retire which is ~5% of OS. It's a nice idea, and I would like to see them retire some of the shares and get us under 100 mil but I think that is something they could do down the road once they start hitting massive revenues/profits.
They might spinoff some of their subsidiaries with new IPO's that fall under the parent company. Lot's of mid/large cap companies have subsidiary company's with their own ticker, but the parent reaps the benefits.
Time will tell, but the fact that a bank has signaled interest in the company is the real story. You are not going to gain the interest of an investment bank with nothing to show - they are there to make money, and they do it well.
Between today/tomorrow, we will understand where this is heading into 2022
Best to you!
Agreed...I guess a person can be happy and disappointed at the same time...LOL
$1.50 would be quite nice...I guess I am more pragmatic. I would like to see 5%-10% every few days for a slow rise, so as to not trigger panic sales. A slow rise breeds confidence. Should people start selling during this time, there are buyers at the ready...the panic is minimalized and the ripple effect doesn't trigger a retrace.
We need to develop higher support points, and a quick up usually means a quick fall back. I know you remember the $2 days before we landed back at the $0.40 neighborhood.
I guess the big difference here is that the $1.50 would be solidly supported in the form of the $50 mil bank agreement.
Best to all...the next few days, and then 1st quarter are going to be crazy for us here.
Yeah, it's fascinating how their algo's parse 1/100th of a penny slowly upward on the ask and drop the bid by pennies quickly to pull the price back.
I think they are trying to signal poor support at the high end, when in actuality we should be above this point. The RSI is good, and there have been a bunch of smaller buys...
We may end up higher today...would like to see $0.75-$0.80 today in anticipation of the $50 mil bank agreement...
Hoping we move upward, but not in a huge spike - that would only mean a retrace. Would be nice to see $1.10 - $1.30 this week, and mid $1 dollar range at the start of the new year.
Getting up in that range would set us up nicely for a pop and the numbers for Nasdaq. When we shot up to $2, the retrace killed a lot of enthusiasm. We need to get onto the Nasdaq to hold support. As long as we are on the OTC, the volatility in this market will be there.
Best to all Longs! It's gonna be a great year IMO!
Bid x Size $0.70 x 1,000
Ask x Size $0.7001 x 1,000
Well, I pulled my order. Not sure what is going on with the trading today.
Let's see if they take my 10K order...
Merry Christmas to all on this board that have spent time helping to make others aware of the potential for this stock!
Aside from that, thanks to many of you for just being good people!
Next year, we are GOING TO ROCK!
Its like the kid that counts from 5 to zero, where they go "5, 4, 3, 2, 1, 1/2, 1/4, 1/8th, 1/16th"...and so on...
never hitting zero.
I looked at LWLG after Crawfors mentioned it. It went from a May price of $1.50 to $20.30, but the anticipation of the Nasdaq and the investment firm shot it to around $10, and then after that it blew to $20.
Not saying the same would happen here, but similarities are there.
Agreed...it's not a fair market. I just got done saying we were looking good, with the RSI trending over 70, and now...back down it goes. Momentum/volume is the hold up at this point.
aargh
I asked the same question the other day...they keep parsing it out to 1/100th of a penny to hold it.
I think next week we may move up heavily on anticipation of the $50 mil investment firm.
Fingers crossed.
as am I...overbought is what we need...and the $50 mil from the Investment firm would be a nice Christmas gift.
In the near future, these types of "wonder when" conversations will be a distant memory.
Best to you and all Longs!
I hate to say "charts are looking good" anymore, but they are trending up.
RSI is at almost 70...overbought condition right now.
Might break $0.70
Nice breakdown dh...with ALYI, what are your thoughts on that company. Havent really looked into it more than a few glances.
Best to you!
Watching them parse the spread to 100th's of a penny to hold it down is like listening to a kid count backwards from ten, and when they get to 1, they say, 1/2, 1/4, 1/8th, 1/9th, 1/10th, 1/11th and so on, and they never seem to get to zero.
It's gonna pop. I just don't know when.
Best to all!
worse case, look at this as cost-averaging. We know what the potential is for this stock.
My only caveat for investors is to never put into the market what you can't stand to lose - and that goes for any stock.
we are seeing a gradual uptick in price...under that scenario I would personally pull the trigger. if it were a steep rise (i.e. $0.56 to $0.80) right off the bat, I would hold off because with rapid rise, you usually see retracing.
I too am considering another $10K worth of shares
Best to you.
I agree...but there are those who are likely down more than 70% of their investment on this when it rose to the ~$2 level.
I would hold my shares if I were them, but we shall see. So far we are doing good compared to the larger market.
Best to you!
All we can do is hope that anticipation pulls this upward or holds. The investment firm is a big one, and they have ~10 days to make it happen this year.
If they pull this off by next week, 2022 will start off rocking upward. I suspect though that some that are currently in the negative on their position, will sell to grab the tax advantage and buy back in on Jan 3rd.
We will know for sure in 10 days or less folks!
Let's hope we don't see IQST get caught up in the futures fall...
We held last Friday quite well. Today the market is jittery on Omicron concerns. If we can sustain today/tomorrow, we may well see a nice bump on anticipation of the Investment firm update.
Best to all Longs!
All major indexes are down, substantially, and IQST is rising above it all.
AWESOME!...slow and steady wins the race.
Get in now, or you'll be one of the unlucky ones on the sidelines!
Best to all...do your due diligence...always! and you will find you have a GEM here
They are not obligated to fill all orders...they use demand to control the direction of the share price. While they might dip at a certain point, there is no guarantee that an order gets filled, especially if the upside demand rebounds the price quickly.
There were likely other orders in the queue...you were just in the lunchline, and then the burgers sold out...
crappy, I get it...been there, done that.
Best to you!