Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks for bringing that up!!! I did notice during the trading day...think at the time 'Heavy Day' at about 8M shs... It was enough to be reminded as I read your post. That volume bar on the chart for today is remarkable and exciting. Several of us have been noting the tight moving averages and the apex of the wedge filling....uw commented 'going parabolic soon'; yes, I would say we're awfully close....
Then two great traders posted on Twitter:
Not a lot of people talking about $IGEN. I think someday they will be🤷♂️ https://t.co/0TuI3RHlOz
— Granite God 🔋🦖❤️ (@GraniteGods) September 19, 2022
Sure looks like it, doesn't it...
and when would that be..... the '12th of Never'? 18 months in a downtrend.
Exciting, isn't it. :)
:} Thanks so much!
Thank you, k_w,
I've tried to figure out how many dealerships, credit unions, and new distribution agreements we have in total. Am at a loss...not to mention totals as of any recent date on other products.
Why does he make it so difficult for shareholders to know what total contracts are...or the valuation of the patent?
So, why is he cutting and pasting and so obviously so? What else is going on behind the scenes? (I smell smoke....)
Alright! Just yesterday I posted that PCF Insurance Svcs had bought our own distributor PPT and today there is yet another purchase announced, "LEHI, Utah, Oct. 4, 2022 /PRNewswire/ -- PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Lawrence Victoria, Inc., a national program administrator that provides loan servicers with lender-placed insurance, insurance tracking, and blanket insurance to organizations of all sizes across the United States."
This PCF company is devouring cos at a heckuva rate! While they're in the 'buying' mode..... ?
https://www.prnewswire.com/news-releases/pcf-insurance-services-acquires-ohio-based-insurance-program-administrator-lawrence-victoria-inc-301640513.html
This item was 'overlooked': CU Trak agent agreement expected to be ratified with Latin America Association
of Credit Union Executives in Q3-2022. Q3 ended Friday; if the ratification was executed as expected it should have been noted in this F7.
CSE Form 7, June, July, August (trying to consolidate here):
June
"Confirmed participation and presentations at the 2022 NACO Annual Convention – largest gathering of North America County Executives
2. Details of any new products or services offered.
• Medallion GPS PRO the next generation fleet management platform to be launched at the NACO Convention "
July
"New Pre-load for Portland Dealerships completed – additional Pre-loads scheduled for Q3/2022
Record registrations for Nimbo Tracking services received from existing dealerships this month – supply chain is improving across franchise dealerships
Installation of Medallion GPS units completed for first group of Counties in NewYork State
New orders for CU Trak received from Puerto Rico Credit Unions"
August
"Pre-load orders for 500-1000 vehicles planned for Q3 shipments
Record registrations for Nimbo Tracking services received from existing dealerships this month – supply chain is improving across franchise dealerships
Installation of Medallion GPS units completed for first group of Counties in New York State expect an additional 350-400 commercial assets to be deployed in Q4"
Okay, here's more: "To date, PCF has completed or has under the letter of intent 112 acquisitions for 2022. The company said in a release that it “continuously seeks an optimal balance between entrepreneurial spirit and collaboration” whenever it forms a partnership with an agency." https://www.insurancebusinessmag.com/us/news/ma/pcf-insurance-acquires-peak-performance-team-421184.aspx
Thanks, Sarge; and I dug a bit further....The insurance company, PCF is out of Lehi, UT and has recently been purchasing other companies----HELLO!!!! and that company has got to be Mormon-who else wd be in Lehi, UT? Duh! Agressive? Is the prophet in SLC? (Just a wild guess on my part...but, not an impossibility.)
A New Wrinkle...as insurance company purchases Peak Performance Team...one of two of our national distributors.
https://www.insurancebusinessmag.com/us/news/ma/pcf-insurance-acquires-peak-performance-team-421184.aspx
PCF Insurance appears to be a very aggressive company in and of itself, operating out of Lehi, UT...(Mormon group? how aggressive could we be talking?)
***Warning! Trend reversal imminent...
$IGEN 1Y: a trend reversal any moment now; it's October and the foundation has been laid... pic.twitter.com/pE2St4mwUE
— Sharpei (@ChartzUp) October 3, 2022
These were words spoken October 1 here; and this is today!
" ? What's the hang-up? And also, we have two strong national distributorships working on sales as well-so, in large part those six dealerships are at least something-although again it would seem that they should have brought home more sign-ups among dealerships."
Way to go, Neil Chan! (Those national distributorships!!!-and they are just getting started!)
https://nimbotracking.com/pressrelease/igens-nimbo-tracking-adds-four-new-dealerships-and-1250-vehicles-across-three-states-in-third-quarter-2022/
Reasonable doubts, k_w; I've long thought that given the bright forecast that we would have seen more contracts from credit unions given the participation in Agent Summit and at least three others since August 2021. ? What's the hang-up? And also, we have two strong national distributorships working on sales as well-so, in large part those six dealerships are at least something-although again it would seem that they should have brought home more sign-ups among dealerships.
Am not as concerned about the counties; I think that by year end we should see a decent increase in #medalliongps sales.
We are in a difficult situation and the economic environment contributed greatly to it, but we are now beyond those constraints and momentum should be ramping up noticeably by January 1.
We still deserve some reasonable feedback on the patent valuation and any possible mergers or buyouts-not that we're expecting anything along those lines to be forthcoming any time soon.
$.0022...good ol' predictable igen...(sigh!)
hallelujah...
Always adding to shareholders' knowledge-thank you!
Rene: Feel better now?
My slow brain....Something I didn't catch til later: "its first NY dealership order for 750 pre-loaded vehicles..." At first I 'read' it as if it were a 'New York County' order-but, it's not-it's a dealership!!!! Perhaps Im the only one who read it wrong.
Same wedge.
Ah! 'Eurphoric' would be a stretch, Rene.,,, more like a mini firefly 'light' perhaps.
About what, Rene? :)
Perhaps this is 'practice patience'...and watch what happens. The post I RTd to you this am was remarks by two of the most adroit, capable traders in regard to $IGEN's current chart/activity. Maybe,,,,just maybe. I've taken off any sell targets ---- just in case. :)
BTW, there are two 'on fire' emojis next to a RT I posted on T this am...one by HedgehogTrader, the other by tradesman2trader.
Copied from T post:
"Randylus
liked a Tweet you were mentioned in
Absurd price for the potential here. https://pic.twitter.com/iw8IERnvBj
Granite God ??
@GraniteGods
7h
Replying to
@randylus
and
@ChartzUp
Absurd price for the potential here.
Also this: '
"Trendtrader Retweeted your Tweet
Finally some 'heavy lifters' are beginning to notice...??
Verizon Launches 5G Innovation Hub with the University of South Carolina
(Growth in this sector can only be good news for IGEN.)
https://ih.advfn.com/stock-market/NYSE/verizon-communications-VZ/stock-news/89083428/verizon-launches-5g-innovation-hub-with-the-univer
And you are right, ET; but, I notice something else...posted couple days ago on T:
"Percy Holton Jr (7,333 Followers)
@empowered_succ
1h
$IGEN That was some solid news, Overlooked that one !!
nimbotracking.com
IGEN files Patent Pending Application for Creating Real-Time Driver Telematic Signatures (DTS) for...
Lake Elsinore, CA – September 12, 2022, IGEN Networks Corporation (OTC: IGEN, CSE: IGN), a leading innovator of cloud-based and Internet of ,,,"
and,
??BALLA?? (46K Followers)
@stockballa
·
Sep 12
Bought some $IGEN on patent news
This ticker is a.................. (You finish it!)
? Fridsy AH or Monday AM...?
Thanks, k_w: After posting an F7 a couple months ago on the first, it didn't feel too unreasonable to expect it by today's date...
More than 'when', I hope it will be filled with new augmented conquests for the company...at the least. :)
Where is it, and why so late?
??BALLA?? 46K Followers
@stockballa ??BALLA??
22h
"Bought some $IGEN on patent news."
An example of "Sell the News"....
I will be grateful if we can hold .0025 before we get the news we are waiting for....(Don't ask! ????)
I don't think we are in disagreement, Sarge. The company has supplied the ingredients for a good deal of the mischief.
My axe with Chan is that he withholds information that could easily calm concerned shareholders (to a point), just with simple clarifications-but, chooses not to.
The Form7 is a great outline...but, really 'outline' is pretty much what it is...and, a bare minimum, imo.
This...the destruction of the price of a stock...is due to the lack of positive income growth. Yes, the Q2 positive bottom line was good news and helpful, but the market is looking for 'solid', 'continual' growth. When that happens the price will react accordingly; other beneficial news such as a merger or additional contracts, or leases of our patents will help to bolster price.
Thank you for all your insightful DD, k_w.