Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Where's "The Old Stock Guy" when you need him? Anyone remember that guy. LOL!
A lot of people like myself bought in at .0025 or lower. Maybe one of these people exited their position with a gain and not a loss as you've stated.
This part of the article may be part of the reason why.
"You probably know about 3D television and the newest whiz-bang smart phones. You may know about private orbital launchers and new toys that let kids control objects just by thinking. Virtually no one outside the biological sciences, however, knows about the astonishing biotech progress that has gone on "under the radar."
Good post Tycoon. I think his credibility here is pretty minimal. I'd rather read Bernanke's negative posts, rather than his baseless pumps. At least with Bernanke you got a guy who posts intelligent information that makes one think a bit. Everyone knows there's a lot of risk with this or any other penny stock. You take the high risk and if the company becomes successful then you'll be handsomely rewarded. Will that happen here with INIX? Guess what nobody knows for sure.
Agreed...this is getting to the point of no return here. They better have some decent subscriber numbers or were seeing trip 000's here.
Anyone know why were still limited information on pink sheets?
Anyone know why were still limited information on pink sheets?
No problem here I just did it.
Agreed...I must admit I would feel better if management put up more of a personal stake here. My other main holding mm*f CEO owns 60 percent of the stock. It's nice to know the CEO will get hurt also if the company goes down in flames. All that aside I think Ben has been doing a great job with what he has to work with here. He is very transparent and seems legitimately concerned with not screwing over the shareholders.
Funny thing is he wrote that only 6 days ago. You know the saying "scared money don't make money." I don't know why anyone would sell now when the price is at, or very near its bottom. I'm not going anywhere and am here until we either make it as a profitable company or go bust.
Great post Davidam! I agree MMRF does look like a winner here. Great post!
This makes no sense at all. When we got Finra approved this stock absolutely rocked in price. Now that we've progressed and been executing business plan perfectly we've done nothing but fall. I really hope we don't go sub-penny here.
Good blog I just read.
http://allallan.blogspot.com/2010/05/mmrf.html
Bernanke,
You're an intelligent man, although a bit abrasive at times. I was wondering if you could tell me the top three things you like about this company. I'd be very curious to hear your answer. Thanks in advance.
your point is? Last week he bought over 2 million at around 22 cents. You really need to do some DD or you come out looking ignorant for not knowing the facts.
It is quite ridiculous people are selling off below the price of the 2 plus million shares RHL bought last week. It's pure and simple panic selling. Turning my computer off for the day and going outside to enjoy life.
I would guess 3k for auto expenses would include taxis, limos, etc. when he is traveling on the road.
I think it's safe to say most of us here thought a loss would be posted today. So for me I view today as good news and only solidifies my belief that 2nd quarter will look pretty good.
I've been here since the .0025 days. I'm not going anywhere until this company is fully developed and worth much more than a penny. Maybe in a few years I'll be ready to cash out but not now for sure.
What's with the spread here...unreal! If we would of posted a loss we probably would be higher right now.
INIX future looking good with today's first ever 1st quarter profit. Their last product (RealTime) was released just a few day before first quarter ended so 2nd quarter should have a lot of extra revenue. Added also trader will be their Trader software which will bring in even more cash. This definitely has the possibility to be a 10 bagger.
INIX reports first ever profit 1st quarter earnings. This is just the start here
INIX reports first profitable quarter ever.
nice way to wake up from my nap. :)
I've got me a little CORS already but thinking about dumping some wampq to buy more. Seems like the potential for big buck may be more here.
Judge can overrule EC objections. Will she? Probably not.
If POR approved we get nada. Up to judge now.
Great post and couldn't have said it better myself. You get the best post of the month in my book. Naysayers just don't get it here. We all know this is a speculative play and the bottom line here is if INIX can grow quarter over quarter and not have to dilute the price will increase. If we can do this and pull in, let's just say for starters, 400k a month in revenues then we are looking at a market cap of at least 50 million. And this is a very conservative market cap estimate. That right there would put us at .25 cents a share.
I think with all of our divisions pulling in 400k a month is easily within the realm of possibility within a couple of years. Management just needs to continue to execute business plan and offer a product that has value. If they can do this then we are golden here in my opinion.
I sold off some of my position but kept a base position. I've since added back bought everything I sold off. I think I sold around .11 and bought back at .14 and .20. When I sold Chartis hadn't happened and I couldn't have predicted things would changed so quickly. I've learned my lesson and holding long now. RHL's 2 plus million buys definitely canceled out any worries I had of insider selling.
They sold their only money producing subsidiary. As of right now SPHE is not making any money at all. The question is how much did they get for SPHE Management, and what are they going to do with the money? I think price will drop here and if it does I may start buying again in the .002 range.
I don't like managements lack of respect for shareholders, and feeling they have no need to communicate with us. It's absolutely ridiculous they never P.R.'d this sale. I have been buying here up until last week because I didn't know about the sale. Hopefully they do something smart with any money they may have received.
I hope you're right and I do plan buying back if it dips into the low 4's. I love the company but tired of watching my money do nothing. I know some of you guys have been holding for many years and deserve more than anyone to hit it big here. One thing for sure is they definitely have the potential to do big things if everything falls into place.
Huge disappointment here for me. I sold off 240k of my 250k shares a little over a week ago for 6 cents a share. It was hard to do as I've been holding since before the first LM deal was announced. I'm glad I did now because we are no doubt in a downward channel right now. I wouldn't be surprised to see this dip into the 3 cent rage next week. I think it's safe to say the majority here are not happy with this report.
glad I sold at .0128 for a 98 dollar gain. Looks like great potential here but a management team that will continue to dilute.
As of 3-15-10 the chances of mmrf hitting one dollars are 29.2 percent. If another deal is announced chances would then be 64.3 percent of hitting a buck. RHL huge buy should comfort you enough to take the chance.
See you at the finish line MP. I agree a dollar in a couple years is possible, but only if the company is continually and impressively growing its revenue each quarter for a couple of years. This along with no major dilution is the key here. I've been impressed with management to date and have seen nothing from them that is setting off warning bells in my head.
If earning aren't record breaking we see high 4's next.
Yes it was a month ago but it's the first time i've found anything on it. Am I the only one who missed this? I dumped because i had 250k shares and figured if it will go down more. I pulled out a couple thousand today. It's a coin toss at this point. You never know with these pennies though and if they make the right moves this could move big again someday. If it drops down to .002 I can buy all my shares back for 500 buck. Sad day for me today here.
I dumped today after finding this. Looks like mookin was right. I feel kind of stupid for not finding this earlier. This is a wild card now without spearhead management. Hopefully SPHE does something wise with the sales and stock rebounds for all the people stuck holding. I took a big loss here today.
http://wallstreetequityalerts.com/2010/04/06/spearhead-ltd-inc-sphe-pink-quote-spearhead-announces-sale-of-subsidiary/
No one convinced me to sell. I convinced myself watching the L@ price action here. This low floater should have move more today. I have another stock (INIX) which has around a 100 million float and this thing flys with the slightest buying pressure. Here is a stock with a much lower float and it doesn't budge. I'll give it a couple more days to see what happens but it seems today's action was indicative of one of two things, either dilution or someone liquidating a large position.
I will probably dump tomorrow. Too bad because this thing would easily move without the dilution.