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Is everyone ready for a gap up tomorrow?
Lots of churning right now. Out with the weak hands and in with the strong!!
Hey, We are getting a little fizzle here. Nice green finally.
Should make for a great open tomorrow.
Yea, If they would just let us print some $4.43 sales we could be going up big.
$4.40 looks like a great place to average down.
13x 4.39... 13x 4.40
Rebound from here?????
It's just about TEE Time.
That was 20 thousand shares the seller just had to get rid of. Now they are in stronger hands and we are clearing out the resistance.
Okay that means they have around 2.8 million in A/R . And this means A/R that is maybe less than 45 days old. Most companies don't allow you to borrow against stale invoices. Even though you may have clients who pay in 90 days their A/R is not factored in.
My bet is they have many invoices that will be paid with invoive dates older than 45 days.
strong. Can we get a 50 cent move uppp today???
Gold up $12.70. Nice!!
Fingers crossed we don't fill this Gap Up and we run hard after 10 am.
I agree. When you borrow against your A/Rs you can only get a small % of what the invoice is worth. So they must have on their books much more than 2 million.
Grab the towel!!!
Bid
4.39Ask
4.47B/A Size
100x100High
--Low
--Volume
36,695
When you are expanding fast... your cash runs out. It looks like they just needed some cash to get through the expansion till the A/Rs have come in.
This is nothing new in a business. I would have to go to the bank or use a factoring company to do the same.
Great news is they have proved their A/Rs are solid enough to borrow money against. WEEEEE!!!
You bet!!! Gold is making a really strong move and ANV is following. Great day ahead!!
You are already uppppp . Good Deal!!
I smoked the margin account as well. Now they are cheeper. Gold is crazy!!!
They won't let me buy any more shares here at 4.31. They say I am out of money.
If you got all those shares ...then you have a boat load.
I keep looking at the trades and it looks like someone is patiently socking away shares at 3.44. This won't last long and the PPS should go up.
I hope you got some. We seem to be going up.
I'm buying again
And again, Congrats to those longs at IFON
Price keeps marching up.
Blue, I hope you were able to pick up some of those shares under $3.50.
Wild Twin, Well.. It can go up for some other reasons.
--Shorts can move it if they decide to cover.
--Blue will make it move if he buys those 100k shares.
--If we get lucky a hedge fun could load their boat.
--And investors may come forward after seeing this is a viable
and growing company.
-- Let's not forget the chart readers will pile on when they determine there is a reversal from Last week's free fall.
OH, 50 cent moves are not out of the question with IFON. Been there and seen it.
Let's show the shorts a little love and give them a little squeeze.
Did I tell you my hair now has quit hurting. Nice to see us where we should be going.
What do you guys think about the IFON chart???? WEEEEEE!!!!
I'm glad you guys got in on this IFON ride. moving like a champ.
Yes IFON up 18 cents since the alert. Still moving. Great job guys!!!
AHHHHHHHH!!! Finally some air.
Pete, The chart today says we must move up past 4.45 like we must have air.
Looks like people have quit poking hot sharp sticks into their eyes and got back to buying IFON.
Yes Parabloic at IFON. WEEE
Congrats to those who are getting on the IFON ride!!!
Glad I got mine at $3.33
Monster bid. UPPP we go
It's moving!!
IFON Bids Building ..getting poised for a huge run back up.
IFON, Keep on watch list. When this reverses it will go parabolic.
I'm trying to help them cover. Just bot another 3000 at 3.33
"who would be dumb enough to short this here"
People who are on the same wavelength as those selling here.
When people start hitting the buy button "cuz the chart says so", The shorts will be buying to cover and it is uppppp we go.
Look at the chart we have always had dips after huge runs. This time is the first time we fell belike this. It is because the core group have been unable to eat all the new shares the shorts put out there.
I believe the shorts are playing with fire. We shall see.
Here is where I set mine. Now they should not be available to be shorted.
"Sell 53500 shares of IFON (INFOSONICS CORP COM)
Limit at $48.59
Tax lot ID method: Your standing method
Estimated total: $2,599.565.00* "
Won-abbe, Check these facts out and it may explain the selling.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99632278
FWIW, I have bought more shares and now hold more than I ever have.