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Gut feelings are a dime a dozen. Reasons and arguments are better.
And do you have reasons for believing any of that?
How closely linked it is is unclear. He owns several companies.
If they really are generating revenue, why is the only evidence so indirect and unclear?
So you have nothing substantial to say about my actual point, got it.
That's what actually speaks volumes.
The first link is just an issuance of a permit, and it is not clear whether the revenue - if it was ever booked - is actually relevant to IHSI. (The amount of money in question is miniscule anyway.) The second is about a different company. The other links say nothing substantive about revenues. The company is a delinquent reporter.
Sorry, but nothing you have said gives even the slightest evidence of meaningful revenue.
People need to know that this is at best a trade, but that there is no substance in this company.
They have no revenues. How all the geniuses on this board are claiming to be able to do a financial analysis on this company and come up optimistic is beyond me. Couple that with a 15 billion AS and 13 billion OS and I find it hard to imagine that the optimistic people here really believe what they are saying.
Yes. Is it basically clear skies ahead now, especially after all that accumulation.
Thanks for the cheapies everyone!
The lawsuit is basically public information; all sorts of links have been posted here.
If the lawsuit is favorable, I would expect a PPS of 0.01-0.02, applying a fairly conservative valuation.
Sometimes that's needed until liquidity returns. Nothing out of the ordinary there.
spread looks like a percent or so, nothing out of the ordinary.
What looks crazy to you?
Note that the $3.23 $IHSI Price Target has been removed.
The only thing worse than that would be listening to too much hype and throwing money at garbage.
So, has God given you an exit plan? If not, don't expect 99k in your bank account anytime soon.
> What could I really lose?
All your money?
There's that fallacy again - some other POS went high, therefore this POS will do the same.
That was probably a great exit point - too many newbies here think that it is somehow easy to sell at the exact top. You should never be hard on yourself for not doing that, if you still made a good profit.
I understand that sort of reasoning, even though you see it all the time here - something crazy happened to one stock once, therefore exactly the same thing will happen to this one too?
I'm all for riding this up as far as it will go and trading it for some nice $$$, but let's not pretend that this is a company with solid fundamentals.
These pump and dumps usually only last a few days, so probably 0.0012 or lower.
It was definitely there at one point, because I saw it. The article was deleted shortly thereafter. Very curious.
Then why didn't you use it?
The 3.23 price has been deleted from that website.
Wow, you are bad at math.
Not if they refuse to sell at a lower price than that.
Personally, no. That would give it a market cap of almost 30 billion dollars, which would be absurd. But everyone here sure seems to have been excited by that figure.
Just an observation.
Seeking alpha seems to have deleted their $3 call ...
This will be back in subs again soon.
Before a ton of dilution, yes, so don't get too excited.
Wow. That's a 4 billion dollar company. The real deal.
This is not like those BS announcements a lot of worthless pennystock companies make announcing partnerships with other worthless, renvenueless pennystock companies. This is the real thing.
8 million shares is nothing. Not even $1000 if purchased at 0.0001
That will happen eventually. The problem is that it may well happen after the PPS has lost 90% of its value from present levels.
Still only a 77 million market cap.
For a company that will be making 100 million + revs a year very soon, this is still absurdly undervalued. At a multiple of even just 10x revs, the PPS could easily be $1 soon.
The only thing amazing here is how amazed all of you are.
> Of course if one just goes from message board to message board bashing stuff, it's hard to make money.
It's very easy to make money if you have a basic grasp of which companies are garbage and which are not. Apparently that's a skill lacked by many.
The fact that it seemed unpredictable to you tells me all I need to know about your DD.
I highly, highly doubt that.
And yet here you are mystified at them raising the AS. Perhaps *you* should be the one listening to those who were predicting this all along?
If you were surprised by this, then you had done no DD at all. Reading a few messages on a bulletin board doesn't count as DD.