Hello my name is Tom
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unfortunately it looks like it is forming a falling wedge and it may drop down to .003 on a low volume monday type situation
irce can't maintain any sort of sustainable rally. this is very concerning along with management's noshow response to questions about dilution.
the recent rally was on 20 million shares. the same number that occurred at end of July and yet we barely moved half as much. very concerning IMO.
it does not have a float of 5 million that is absurd !!!
Please keep all posts on topic which is IRCE.
This board is for discussion of IRCE.
Rants and flames and attacks based on other companies or management crossover is not allowed..
Thanks...
well at least we have some direction now and new prospects
we have news, we have ground floor now
now we have the mindset that we are looking forward to follow on news and possible new business direction or re investment in existing business
i was beginning to wonder when news would ever come out
MACD is fast approaching zero line and the change over in month from June to July should result in a bullish quarterly MACD crossover which is sign of a new bull market trend
it looks like those 911 share trades we saw before were correct! the 911 share trades were predicting news... interesting..
nice..
ok I think this puts the floor in from these levels...
now comes the *long term* mark up phase... into end of year
my charts are confirming this could be final bottom..
accumulate from here IMO
nice post and I agree... if the ask is slammed this could skyrocket very quickly..
but of course before that happens it always looks very discouraging from day to day.. that is just how these pennies roll..
I am still quite intrigued at how IRCE peaked on October 10, 2007 at multiple dollars $3.50.
It is interesting because this is within a day or two of the same date that the S&P500 Peaked in 2007.
Then when the S&P500 collapsed into 2009, it took IRCE with it.
if you overlay the sp500 and IRCE you will see interesting correlations to price action based on time frames.
So IF we are lucky enough to see the sp500 break to new 52 week highs and then get a shot at 1600 or near 1600 by end 2012, that would mean that the 2007 is being exceeded in sp500 and that should correlation to IRCE skyrocketing higher again... probably not multiple dollars, but .50 cents to a 1 dollar is ok.
Also potential bullish catalysts with Natural Gas and Oil coming up as both could be setting up for big runs north.
There could be a HUGE oil price spike within 6 months to a year based on Europe blocking oil imports from Iran, IRAN energy standoff regarding nuclear, and blocking of the straight of Hormuz.
yes IRCE still has the potential to spike to .10 to .20 cents in ONE DAY despite all the trash talk about IRCE
I understand this is not the greatest investment in the world, sometimes a stock is just a trade, other times an investment... most penny stocks are not an investment..
but I think IRCE has potential to be a huge spike higher trade especially as the sp500 breaks to new 52 week highs and beyond and the oil price and natural gas start skyrocketing from current lows...
some major games going on down here, but i still think the QUARTERLY price chart is looking very good on the transition from June to July for positive price trend (see ibox)
Maybe NITE is finished with their big resistance blocks for now...
TAKE OUT NITE 100K block and then maybe we clear the air and stay at .005
i think UBSS is accumulating at .003 range !!
Natural Gas Price today had a HUGE one day move and I think pretty much seals the case that Nat Gas has bottomed..
IRCE has had its BIGGEST runs in coordination with a skyrocketing NAT GAS price trend...
just something to keep in mind...
not saying it will happen overnight.... but nice to have the wind at your back on certain commodity dependent penny plays
new IRCE price chart:
http://farm9.staticflickr.com/8164/7187114237_07e627f0c8_b.jpg
[url=www.flickr.com/photos/46088927@N00/7187114237/][/url]
nite just dropped off their ask of 450K and now only 40K at .0039
UBSS presses their bid to 300K
interesting action today
i think we hit bottom...
accumulate from here on up just IMO
many penny stocks dilute at various times.. try to focus on the chart and the longer term chart...
it is saying we will head higher eventually...
these day to day games with shares are a bit discouraging but I think ultimately we will trade much higher...
IRCE also note that many penny stocks tend to get a good bid under them as sp500 breaks to new 52 week highs which I expect in the coming month(s)
ultimate target for sp500 is 1600
sp500 is going up hard into the election.. remember its an election year...
sp500 breaking to new highs and up to 1600 will help IRCE work its way back up to .20+ maybe $1.00 again
agreed... a slow spotty mover sometimes, but IRCE has strong potential to spike over .20 and higher very fast for those who are lucky enough to get in early.
dont get me wrong.. there is definitely not a 1 to 1 relationship between sp500 market indices and penny stocks like IRCE but what I have noticed over the years is that there is an elastic relationship...
so if sp500 breaks to new 52 week highs and beyond then I am hard pressed to think that IRCE will just sit around at .004
it should exceed .10 on next leg up
as crazy as this may sound.... I think that run to .10 was in part induced by the sp500 rally to breaking new all time highs...
that tends to get a lot of penny's to pop...
so here is the good part..
my forecast is for the sp500 to get to 1600 by end of year... (see sp500 technicals)
so the sp500 breaking to new 52 week highs and beyond should allow and encourage IRCE to blast back up to the .10 and then break out above it..
think and dream big my friend ! IRCE has a large range of trading price historically... i think .50 is very achievable... by END OF YEAR
IRCE has historically had biggest runs into September and end of year...
this is a definite buy and hold into end of 2012 IMO
also IRCE is about to ENGAGE a QUARTERLY MACD BUY SIGNAL on the TRANSFER from JUNE TO JULY which is huge
do you see us hitting .10 again or a breakout above .10 by end of year ?
i would like to add more but NITE just seems to be coming up with endless 500k blocks
ding ding ding ding !!! we got a runner here folks....
yes my friend... pretty much just like almost every single other penny stock on Ihub
but that doesnt mean it can go to $1.00 first before the SHTF
oil prices may go as high as 160 a barrel !
http://www.bloomberg.com/news/2012-05-19/iranian-minister-predicts-oil-price-rise-with-sanctions.html
bullish for IRCE !!!
IRCE the next multi bagger runner?
http://investorshub.advfn.com/Interline-Resources-Corp-IRCE-5900/
highly spotty trading and very speculative but if something happens in Iran and oil does a super spike higher then maybe IRCE catches wind in its sail
IRCE my vote for next 10 bagger
http://investorshub.advfn.com/Interline-Resources-Corp-IRCE-5900/
IRCE possibly a washout final low today.
see updated IBOX for some interesting charts
http://investorshub.advfn.com/Interline-Resources-Corp-IRCE-5900/
IRCE likely hit bottom see ibox for charts
http://investorshub.advfn.com/Interline-Resources-Corp-IRCE-5900/
excellent action in IRCE today.. we bottomed confirmed..
.10 will come again on next leg up
chart is setting up very very nicely... my long term charts are adamantly bullish !!!
i think we bottomed today for sure !!! .10 again here we come soon enough !!!
we got a 911 share trade !!! that is an MM signal that incoming news is coming very soon !!!!!!!
news soon !!
beautiful action today !!!!!! wake up!!
IRCE has oversize upside moves and oversize downside moves.. have to get in the rhythm of how IRCE moves..
it is a wild tiger
long term chart looks very very good