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I find it funny
that on Dec 1 when the FINRA news was announced the stock had a low of .013 to a high of .042 Yet now it sounds like that news was some hidden enemy..
Those bad old MM's... Hmmmm
It's not like it isnt known that they manipulate to their advantage first, right?
Now, is it really the MM's that are not maintaining the recent news? Was the news already priced in?
Listen, you guys have had a stressfull week, take some time off and dont even think about this stock. You are going to need some rest because as someone else had stated earlier, the PPS will most likely drop from here.
Why mess with him when he has the right idea?
Seems you are the one "workin" hard while working with nothing...
Bit emotional r ya?
Would ya settle for a
"dead cat"?
Bounce that is....
Why in a perfect world would we want pigs to fly?
Thats alot of poo thats gonna hit the windsheild.....
Lets try to keep our feet on the ground of a realistic world.
Reality tells me that this could be part of a MM play but could also be part of the 18% of Beckman that inix doesnt own.
(expecting a full aquisition, no?)
Reality also tells me that this PPS may run sideways or lower untill the company releases a couple of quarters of gaining revenues.(that excludes some heavy pumping that could occure)
Reality is telling me that the economy is still in the dumper and this is a subscription based company, "less people playing the market from home"
Just think though, in a perfect world "we" could fly and poo on all those greased pigs searching for the fair grounds exit...
Mimurry, if you dont mind, Id like to ask if you are able at the moment to make a comparison between Scottrades program and iFinixs' newly launched program? I used to use Etrades back in the day but after 2000 the everyday hecktic draw wore off and I then went to Ameritrade and stuck to mainly options.
I am mainly waiting for the trader to come out and be proofed.
thanx.
What da heck.......
I get a chance to come on tonight and I must say, it's nice to see green but where is that 10 cents I heard about and was so hoping to see??
Some good volume back in the chart is a good sign though...
Now, what to do what to do??? Hmmmmm I think I'll wait for the full year report to come out (should be soon) and see what is happening then.. Beckman yooooo hoooo , You there Beckman?
Hellooooo earth to Beckman......................
Shhhhhhhhh money still sleeping, just had to take a leak in da middle of da night.....
On a side note, here is to old Dick Cheney making a speedy recovery....cough cough spit cough....
I dont remember reading anyone overly crying about holding this downturn... Sure some dissappointment and backlash at the CEO for not having all the ducks lined up to make the pretty colors show every bit of info promised to be available. This is maybe to be expected on the second strike... No? You're apt to get that when a month ago some were typing how this may go to .10 or even 1.00??? Either way, lets see what news may come out next and how sustainable it(PPS) will be..
The point wasn't about Warren Buffet but that clearly got by you.
The implied message was about letting emotions get involved in your investment decisions and how dangerous that is.
Right now INIX stock is a PRIME example. Emotions are flying all over the place on this board lately and that is when people tend to make mistakes.
There's an old saying about stocks and what to do when people are screaming the loudest.
The point just might have... Sorry but I only use Buffet as well Gates and a couple of others as what went wrong.
Now, are you saying that people in the "individual investment class" are screaming for a better tool? That the brokerage houses are looking for that much more while loosing clients? I mean, that is what the company that we are invested in is trying to sell, no? Now, if that is not the case than why bother typing the CEO's name like he is all that? Will old Ben be able to capitalize on us as Buffet did on our parents and sill does on us and will our kids? Understand you are talking about a person that buys "companies" long term, not 300k shares of a penny stock. He is and always will be a long term infastructure investor. The term "infastructure" has "no emotion" written allll over it. The fact that he will never dilute shares of the "holding" company has a price value to it's self and will always make him a "quotable" asset with or with out emotion. I wonder, what stock back in the day would be a prime example of "emotional trading" if they had message boards ????
PLEASE DO NOT QUOTE INVESTOPEDIA HERO TRASH TO ME OR ANYONE ELSE ON HERE THAT ACTUALLY TAKES THEIR OWN PERSONAL FINANCES TO HEART.
WHILE BUFFET IS AMONGST THE BEST IT WAS A DIFFERENT TIME WHEN HE MADE HIS FORTUNE. WHY DONT YOU ASK HIM JUST HOW MUCH "EXPORT" HE HAS THESE DAYS BRINGING MONEY IN TO THE US... HIS FORTUNE VIA OUR ADDICTIONS/NEEDS....
For Buffett, one of the greatest opportunities is in a relatively “old” industry given up for dead by the 1970s: railroads. He recently invested $34 billion in Burlington Northern Santa Fe railroad. “You think about it, the railroads are tied to the future prosperity of this country,” he said. “You can’t move a railroad to China or India or anyplace else. We start out with the premise, and I can’t think of a more sound premise, that there will be more people in this country, 10, 20, 30 years from now. They will be moving more and more goods back and forth to each other.”
Well that is where I am coming from, I have read speculations on here that, once I did my DD just blew my mind. I can give a "good pump" to possibly obtaining closer to the low (highs) that were mentioned but the "highs" were on Mars. I never wanted to be negative on this and told the person that got me hip to it I wouldnt because I cant short it. After watching some of the antics "to no avail" on here I had to speak my mind..
Sorry if I offended but, I have also learned to not fall in love with a stock as well not mention the CEO like I live next door to him/her/it....
No need to complicate this any further, Good Luck....
Do you even read the posts on this board? Dramatic eh? I do not "blame" anything/anyone for a low pps. If a trade turns bad, I am responsible for it as an individual. Not this board.
Ok then, (hint hint) untill you see a 100k share plus bid for .01 or lower you will know that it isnt bernakeyacky playing around with 90 dollar buys/sells.
Now, I'm hear'n thru the grapevine the full unadulterated version of whoop d doo should be out by end of week. What price per share do "you" give INIX should this happen? .03, .05, .10???
(If this is true it might explain the low we witnessed today. Not enough volume for the big boys though huh?.)
I agree. If we had volume over 1mil and a majority of legitimate sells on the T&S report, I might get a bit uneasy.
Take note that Bernakeyacky made his declaration and with in minutes we saw a small cluster of sells. Poor guy probably had to keep adjusting his sell order to accomplish that since the mm kept dropping it on him.
Here is the important part: total volume today was only 362,468 shares. Not millions. Not even half of one million.
Dont get so dramtic there buddy, My buys and sells are all or nothing... The longer we wait for the product to be 100% the more you will look to place the blame on this board for a falling pps. What happens if no news comes out by Friday?
What happens if only the Beckman deal news comes out?
What happened to that 8 mil. volume day?
What, you dont trust me?
I do not believe I ever asked you to.
If I were you, I'd do the opposite of what I(me not you) type on here.
Since you brought it up, this is the first penny stock that I have messed around with since 2000.. Im more into purchasing options if and when I decide to mess around in the market.
I am negative on the economy and the overall market.
I believe this company has a long uphill battle.
I believe what the company did releasing the program early, as some have compared to Bill Gates and MSFT was strike 2.
I'd rather take the hit and be late with a complete product than release with problems and watch a slow demoralizing decline.
But thats just me treating INIX as a "better" than pinky stock.
Tomorrow we should see an uptick.... (maybe)
Whatta ya say we all just work on getting this little piggy back down to a penny or maybe a tad bit under so that when the "news" does trickle out no one will be too disappointed that it didnt make a buck... Boys learn the first time they get burnt letting their money sleep that to be a man you must work things to the obvious advantage. Spending 20 bucks at end of day maintaining only to catch a falling knife the next morning has to stop.
Remember "buy the rumor---SELL the NEWS" So far that has been done and is now gone. Revenue is the next big driver.....
(it's ok that I am treating this like a "non" penny right)
Here, let me treat it like a penny... Dont worry guys when the news comes out the piggy will be running thru the fence on its way to the big time...
Now , everyone be quiet, our money is sleeping!!!!! SHHHHHHHHHH
but be honest when noting that some of INIX attributes are not like most pinks. A responsive CEO is a noticeable difference for starters
That is the main reason why I stuck around. And also, for a pinky CEO to leave the share structure almost as is after a reverse split is for the most part unheard of in pink sheet land. I think that more than just a few people have lost sight of that fact, or conveniently forgotten, (take your pick) when critiquing Ben's performance.
So, this means some of us can hold the company and PPS to a higher standard? May we criticize when we see fit?
What if one sees what might be a good company but understands the upward battle the company will have to face? Does one stay on the deck "cup in hand" trying to maintain the current elevation in the water or let the ship lower a bit till it is known that the engines will be restarted? Should one keep the lifeboats in sight till it is time to man them...? Here is the bad part, Pink ships have no life boats, so as high out of the water this ship has been in the recent past I still dont hear any engines pushing it over the wave. The "sump pumps" are pretty loud though..
"I did a quick paint job at the end What the hell, its Friday!"
Thats funny... Where I come from it's called "finger painting".
What good does it do though?
Right now anyone willing to place a 100K low bid will tell you where the stock price should be.....
I know, that 20 dollar buy with a min 10 buck brokerage fee is "disposable income.
AHAHAHAHAHAHAHAAHAHAHA
listen pal, Im trying not so much towards knockin the company as much as Im knockin some of the chat on here. (to no help for the company though) Im long, Im gonna hang but when I read some of the posts where this stock will be anywhere from 10 cents to a buck "after the news" "greased pig" I gotta throw some reality in the mix... As I stated in a couple posts back... Too bad it cant be shorted or put options arent written because Id have sold the long and then "sold" again. That one minute high of 5 cents had 4 cents not holding written all over it.
Stop all the "3:55pm 5000 buys at .02" and see what the "new" money if any does... What sense is it trading amongst ourselves???? Let the MM's have their say while things are getting worked out, no?
Side note, the company gave rev estimates thru 2011...
Never used the term "scam"... Might be a bit late considering the falling economy but not scamming.
Anyway, if you would like to pump the pps into near term unrealistic numbers let me know how I can help, Im game. .017 back up to .035... Im in, you guys lead the way...
Its gone..... but you asked for it... (see below)
You might want to ask old XQ for the PDF Im sure he prob. has a saved copy???? If not I have the details from it I saved to show a friend also invested in the company.
(null)
the value of the technology currently represented by iFinix Corporation (herein ... Account on a proforma basis for iFinix Corporation at September 30, ...
http://www.ifinix.com/dnn/pdf/NA_091209_217968506.pdf - - Cached - Similar pages
www.ifinix.com/dnn/pdf/NA_091209_217968506.pdf
iFinix Corp. Receives Appraisal by Preeminent Business Evaluation Firm
Buzz up! 0 Print..Companies:Ifinix Corporation.Related Quotes
Symbol Price Change
INIX.PK 0.0170 -0.0030
{"s" : "inix.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: iFinix Corporation On Thursday December 10, 2009, 10:30 am EST
PLAINVIEW, NY--(Marketwire - 12/10/09) - iFinix Corp. (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced today that it has received an evaluation of almost double its current market value by EMO/Hanover Group.
EMCO/Hanover is considered to be among America's leading experts in business appraisal and intellectual property evaluations. EMCO specializes in fairness and 15(c)211 opinions and is qualified and accepted by the U.S. Internal Revenue Service and the Tax Court.
EMCO/Hanover's expertise ranges from North America, Canada, Mexico and China, where its efforts have been recognized by the White House, The United States Congress and various State Governments including the Far East and China.
View report at www.ifinix.com/dnn/pdf/NA_091209_217968506.pdf
CEO Benhope Munroe stated enthusiastically, "We are privileged to be evaluated by a firm such as EMCO/Hanover who has evaluated numerous fortune 500 companies in the United States. In their evaluation iFinix was actually compared to several of the major players in the securities industry. It is our goal to be the leader in our space and set 'the gold standard' to the rest of the industry."
HMMMMMMMM.... Kind of funny how the link is gone ever since I started posting how the company was going to show a loss for all of 09 soon all of my posts to go poof?
I'd rather not disclose but if you need, XQ got rid of his sticky little tabby notey things.... It was right in there.
Id rather be private about the url thinking everyone should be responsible for their own DD.... It is something the company purchased and gave estimates for.
The original url is not working for me but I have not gone to the "new site" to see if it is still in the investors relations...
Again, XQ had it in his "sticky notey" section...
From what I have read the company has put out estimates thru 2011
Lets leave it at that.
Not really a lecture... yes I am long.
If I was to lecture I would back it up with facts thru DD and I do not want to do that just yet. I do think the company can make money just not as quick as some on here have talked about.
Lets see what kind of resistance we get @.017 then work from there. K?
you have got to be kidding me....ill bid whack this all day if i think i can make money...its the way the market works deal with it...if you want friends go to face book and find a child hood friend
HAHAHAHAHA Man of my own heart, shame we couldnt have shorted or bought puts............ Im wondering what some of the people on here believe that the true value of the PPS should actually be today? ....D.D..........
Im in for bidding around 1 cent or even around .008/-...
Without solid news that the program is working properly and has hit the "commercial" market what is there? Selling a $30 a month sub to 12 people on a message board? Sorry kids but I am a realist
these days and must admit I did my DD after buying. I had the chance to get in much lower than I did but waited... I purchased mid rumor and with that had a chance to make %150 off the news. Hmmmm
%150 is pennies to what some have had a chance to recognise. Playing the market is about using expendable cash anyway. Dont bet over your head and why not take wild profits when you can. Oh yeah - dont forget to limit your losses...
While we are waiting for the "Beckman news" ???? and a "final" product to hit the market it's my advice for some to sit back and stop worshipping the CEO of this or any company they may invest in untill the pudding has been "fool" proofed... (Is that what they are doing now?) Not taking a portion of gains while waiting for the mother load is like throwing away a legal Striper waiting for a record...... %99 of the time "it aint hap'nin"...
I hope I'm wrong but I have a good feeling I'm not calling the boss tomorrow and letting him now exactly what I think of his mom...................
Pump there it is..?
PS' I just got off the phone with Jesus, he said everything is looking great,and how dare I question Benny....... I hung up on him, he sounded a bit hooched like he was sitting around all day in his under drawers trading penny stocks. HAHAHAHA...
Hey Joe, You wouldnt happen to have a white beard would ya?
I think you will find that having hope indeed pays off!!!
Now thats funny.........
How many people voted for "hope" and change?????
"Hoping" for a gain is as fundamentally wrong in trading stocks as is wishing in one hand and ******** in the other
Everybody invested in this stock understands it is a pink sheet... ( I "hope")
Im *sure* everyone understands it is a subsciption based company...
*(hoping again)
Im "hoping" everyone understands the economy is not improving but sideways or declining....? no?
Here is what "I" am "hoping" for:
1) That this (the second time the company has turned out an inferior product) has the improved quality over all other trading platforms to gain significant commercial contracts.
2) The "phorum" (???) can actually take the PPS to the $.10-1.00 range it said it was going to be once all the "news" came out....? SURE...............
3)This company isnt based solely on day trading pinkies.....
Till we start seeing the final product, actual sub numbers and revenue, the debates will continue..... Till then its just a growing pinkie in a zombie market... Subscription based services leave much to be desired these days, If you are not selling music, movies,or "tween" related items one may have a long sell till profitable.. But then.......... ??????? Ump there it is Pump It Up Pump It Up ETC..............
Having invested in "subscriber" based companies in the past, yes the number of subs should be disclosed in "atleast" the quarterly reports.
To anyone that has not invested in subscriber based companies, one must keep their eyes on the "churn" numbers also.
I only hope that Ben & Co. maintain a better policy concerning sub numbers than Washington has concerning the "jobs
created/saved" policy/formula....
What makes these prices "so low" ? What basis are you using to establish an accurate price?
What makes the "Beckman deal news" a price raiser, or should I say a price "raiser" and "maintainer"?
Sorry but the only thing I have ever been able to use as an accurate measure of a stocks value has been revenue. Right now the company is at a loss, it will announce a loss for the full year 09, and taking a quick guess it will call a loss for atleast 2 quarters in 2010. Hopefully when all this news comes out it can be pushed to some great prices but what will maintain those prices
until we see some money left over after all the bills are paid. How long do you predict untill we become CFBE?
On what grounds? While some of this was good news that came out from what I understand this is the second time they knowingly released an inferior product. (only Bill Gates gets away with that) They already predicted a full year loss for 09.
Im just hoping they can continue on the monies that the warrents brought in or they will most likely dilute the stock again.
Subscription numbers and increasing revenue..... Thats what I am looking for.
Where do you think it "should" be?
exactly, by reset I meant back to where the price should be.
maybe the full year 09 report is about to come out, I figure that for a reset in the price because they said they are going to post a loss. ?
Thats right my bad. So is Beckman a holding company for controlling other companies or monies? or both?
Actually before I ask too many questions, does anyone have a transcript of the conference call/ is it available online? Does it spell out the Beckman role in improving revenue? etc......
What exactly is the L-2 and Beckman deal going to do?
L2 is pretty common and part of the tool.
The Beckman deal is going to take how long to implement?
If I remember correctly they need Beckman to be able to offer trading right from the program? "Trader"
Ya think the $60.00 2000 share trade that took it to .03 will hold? Hmmmmmmmmmmm??? lets hope so.
The year ending Sept 09 revenue was
313,128
With operating expenses of
618,475
loss of
305,346
254,094 of rev was in commissions. Is from the I-forex & or I futures division/s?
running with what I wrote the other night, the economy even after last nights SOTU address isnt going to be fixed over night. Right now the more people that become aware of INIX the more research will be done and the new investors will be looking for financial news. Some documents out there arent all that encouraging to buy in at these prices. Some may be wanting to take some profit now and wait for the next valuable buy in...? Some may want to hold long term and tie up their money as it sleeps??? One poster wrote today to stop watching the stock every day , I concure.
What was the reasoning behind using pay pal? Speaking with another investor in inix he was explaining to me how people out there hate pay pal. Was it for confirmations on the sign up?
Ive never used pay pal so I'm not up on the idea of it . I thought it was just for Ebay.
Any ideas out there on how many people signed up for the trial run?
INIX Obama and the market
I became aware of (inix) last year from a co-worker.
Being weary of the markets I did a small amount of research on this co. and decided to take a shot around Oct. So far I have been as much as 150% in the green, varies daily these days. While 150% is nothing to complain about I realize I should have acted earlier than I did. The things that held me back was the outlook on the future economy and a new president that spoke a bit too well,total opposite of the mess we were getting rid of. While Im pretty sure the company is on the right track I am still weary of the future market for it's product. People are cutting costs at every turn they can these days. I am hoping that the company can deliver a product that will out-perform all the others out there giving it a "self selling" title.
The past couple of weeks I have been reading alot about where people thought the price was going when the "product" hit the public. This reminded me of the old saying " buy the rumor - sell the news". Unless some great news from the company comes out on the drop of a hat, I believe we will have to wait for encouraging financial/subscription numbers to hit the air before we ever see .10 or above. imo
Sorry if this sounds a bit negative but Ive learned to expect the worst while hoping for the best these days. Im going to wait for the first couple of quarters watching subscription numbers to make any long term plans while watching daily for a quick maneuvering/posturing either in or out of shares held.