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Even if this turkey dies on the vine. Its been a great board to read. Full of realy bright people. Most with good manners and a sence of humor. I got mine 50 years ago and had a great life. So heres hoping you all get your prayers and hopes answered.
BEST OF LUCK TO ALL
THE OLD GUY
It makes no matter how many shares I buy or sell. It only matters if I make money. 18 months ago I bought my wife a new car from the profits I made from trading this one stock. You must learn to take a portion of your holdings and buy and sell. Other wise you spend your whole life. Watching them go up and down. Waiting for that one home run. In the long run you make more hitting singles.
You better be right. I was going to sell a few million, but changed my mine after you posted. If it don't happen, I am going to let the dogs out. And they haven't eaten in a week.
You always have to sell into strenght. Thats the only way to move any volume an not get killed. Put as much money as you can in IRAS. Then you can trade with out worrying about taxs.
Maybe I will join you. At that price I can buy back the hundreds of thousands that I sold and have a nice profit.
You always could buy it. It was sold through mulit level marketing. But they could never get the volume up high enough to make money. The big problem is the economy. With so many out of work, gas going up. Food up. At 3 dollars a pop, can they sell enough to make money. There are energy drinks all over the place for .99. I don't know if its a long term hold or not. I may keep a few, but I bought it for a trade. I get 30 % on my money, I will be heading towards the door.
I added to day. For what thats worth. I just a dumb old POLISH farm boy.
I bought more.
I was a big buyer today. Now that I am in, let this TURKEY fly.
I sold 100000 this morning. I will wait to see more numbers. Some things not right here.
I'm in. You have convinced me to buy.
If you would be so kind. How in the world did you fine this turkey ?
OK Where is the 10 million in cash coming from?
Your not alone. I be here with you charles.
Relax every one. This is not going to fly like a bird. If they are going to only add 50 million shares. It might mean they are going to be borrowing a whole lot of money. It will take 2 months till we know what we have.
No I have sold none today. I was a big seller yesterday. But let me put that in prospective. I have 6 accounts. The shares I sold yesterday were in one of my trading accounts. I had bought them last week at .20 and sold them at .26. I hold a ton in my long term accounts that are not for sale at this time. For what its worth.Its only one mans opinion. You now will have a bunch of nerds with a product. With a bunch of bussinessmen that know how to run a company and make money. In fact I put out an E-Mail encouring all, to take a position in this stock. That does not mean its a slam dunk. But it looks to this old fart at least 80 to 20, which is as good as it gets.
BEST OF LUCK TO ALL
THE OLD GUY
There will be more like 250 million shares when this gets done.
For the first time in a over a year. I have sent out an E-mail to all the people on my list. That always ask me, If you could only buy one stock this year. What would it be. IWEB Due your DD.
BEST OF LUCK TO ALL
THE OLD GUY
NO Its the anniversary date.
Is that the 300 2076
Just from the way its trading. Every man has the soul of a gambler. But few have the INSTINCTS.
Some thing is going on.
I R told me today that they going into Brazil in a big way. Also said sales are way up. Plus production can not keep up with demand.
This is going to start to get active.
I am not as smart as you. Sold my trading position at .67. Nice 20% for 2 day trade.
Well said. Meaning full comment. You can not win playing this game. Untill you can take your emotions out of your analysis.
I agree also with much of your analysis. I also have a large core position in MANAS. I also trade the swings. I always tell everyone that they have to trade them to make money. They then tell me they are investors not traders. Then spend the rest of their lives watching them go up and down. Waiting for that one that will go to the MOON. I have made a small fortune on VTMS trading it and still have my core position. Which I will hold part of till it goes to the MOON. BEST OF LUCK TO ALL
THE OLD GUY
The private placement is at .25 per share. Plus a warrent. I was not intrested in taking any part of the offer. So i did not pay attention to the particulars. Not because I did not like the product or company. But like the banker says, I can't make every loan in town. I can't ride every train in life. So I will wait till its proven before I invest. If it runs away, it runs away. Very seldom does that happen. If you really like the company. You shoild take a small position at this level. This will force you to keep up to date on your investment.
I'll be dead by then.
I pointed out some of the problems on post 6297. These things always take a lot longer than you would think. The big money would rather buy at fifty cents if it looks like it should go to a dollar. Then put their capital at risk when the stock is not showing it can get the job done.
I don't (KNOW) any thing. Just over 60 years playing this game you find a few things that work and some that do not. I have a FRIDAY BUY RULE that works about 90% of the time. I love watching a tape run. Volume is very important. It started in December. You could just feel there was a buyer for all that was being offered.
It got real stong last week and more so this week. Every thing set up for buying it today. High volume, PMI break out yesterday.
My buy rule looked like it was going to be activated. When will I sell it ? It depends on how it trades. BEST OF LUCK TO ALL
THE OLD GUY
Its not worth a little more, its 11%. That is a ton. You must have a core position that you don't touch. And a trading position.
Other wise you spend your whole life watching them go up and down.
The quote is, SOME THING IS ROTTEN IN DENMARK. That was part of the problem. The product had a bad order. People were afraid to use it. Also a few others. Every thing looks fine now. They are going to do a private placement to raise some opertating capital. That being said it looks like they have it turned around. 6 to 9 months from now it may turn into a winner. I have none. To early for me to buy. I would rather pay a dollar a share when I am pretty sure its going to two. Then buy it here, before its proven.
Its on my watch list. BEST OF LUCK TO ALL
THE OLD GUY
For what its worth, I bought a ton today.
Its hard to say nasty things about people on a public forum. But if you put in a little time reading all the past SEC filings. You might feel your money will be better served elswhere.
I was in on the first two private placements. I will be here a long time. Ha Ha no way to get out yet.
NO Not because I have enough.But have been doing this a long time. I have seen some great looking stocks that because of a happen stance event, disapear. A car crash, heart attack, even a divorce. Not to mention cash flow problems. Sig was asked on the call about the 6 million that was lost last year. He said that 5 million of it was one time deals. Got news for you. Every company gets hit every year with one or two of thoes so called one time deals. Puting that aside. You still have 100000 per month cash flow loss. Wheres it going to come from ? Sure they will have 100 vendors selling there products by the end of the year. NO THEY WONT. they will 2 selling their products and 98 introducing their product. Every sale now has to have someone from ICEWEB go out to explain it sell it and set it up. People buy major products from the guy that can fix it when they have have a problem. 18 t0 24 monts from now when people see there still in business and there local guy can give them the service they need. Then the sales take off. BEST OF LUCK P.S. the money I put in the other stock is up 18% minus the 4% that iceweb is up.
Its still a mess. They are still losing money. Three years ago they put 3 companies together. It didn't work. The origanal people are now gone. Two of the companies have been closed. On the good side. The new people look good. They are getting it turned around. To me they should break even or make a small profit for 2011. 2012 should be their year to brake out. Has been a great trading stock for me. Buying any time it gets to .06 or below. Then sell at 7 8 or 9 cents. All the options come at a dime. So you know there wont be much selling or shorting below 13 or 14 cents.
Thank you for the 100 % profit I made on that trade. I will have many more for you If this stock moves higher.
First of all. No need to get surly. All of us here have diffrent time horizons. Investment decisions change as our daily needs do. At 92 I tend not to look at things the same way as a younger man would. There is no right or wrong, only diffrent imputs. That being said, I sold some today. Not because I don't have faith in the company. But since this will take some time to happen I feel some of my money would better serve me in one of my other positions.