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Profitable company, uptrend still in place. Holding for 4-10 here, gonna see what happens this week.
Back to where I bought. I held. Let's see what tomorrow holds.
This news was early and just a precursor of what's to come over the holidays.
Here we go, going to test HOD again.
Bought into this one this morning at 2.38 on the short squeeze.
I agree. It may take a few weeks, but we will be there, imo.
AEXE low volume today, only 434,601 shares traded so far.
You can't keep a good stock down. IGEN is a good stock. Huge growth coming.
This news is huge!! Let the holidays begin. :))))
Was out all day. Wow, nice volume. More accumulation looks like. When all the free shares are bought up this thing will run.
Heads up about to uptick.
Why is this tanking?
Agree, yes. Might take a little patience here, but I think BMXC will have it's day.
Exactly as Trade4boat said. From IGEN's September 25th PR:
"The Company is seeing growth opportunities in the second half of 2020. Despite the persistence of the Corona Virus and its effects on the economy, the revenue growth opportunities for the Company continues to be weighted towards Credit Unions and the Counties. Presently the Company has secured order commitments from seven Regional Credit Unions with a goal of securing up to 50 by year-end. The macro-environment of reduced credit scores and Federal Government funding has created a dual need for the Credit Unions to secure automotive assets while providing compelling services to the Credit Union membership. The County Executives of America have identified and confirmed commercial trials with three Counties with an average population base of 1M people. Along with Medallion GPS PRO Fleet Management functionality, IGEN's driver behavior features will be tested and applied against County actuarial metrics for insuring of County vehicles and assets.
With the launch of IGEN's Next-Generation Platform, a direct-to-consumer brand is being created and targeted exclusively as an Ecommerce offering. Families will be able to purchase IGEN's products and services directly online with emphasis on ease-of-use. Peace-of-mind features for families and their teenage drivers will include IGEN's Universal Scoring of Driver Performance as a standard service offering. Targeted launch is for late 2020 in time for the holiday season."
I like that last part: "In Time For The Holiday Season."
So with the convertiable notes it's not a clean shell or is it? Just trying to get up to speed here. Go back five years this was a good trader. 200 week MA is .003
Shares Out 1,624,861,767 10/13/2020
Not a bad share structure here.
Noticed some volume. Read the board. So is this a potential RM going on here?
IGEN in quiet period. Market makers taking it down to load for the big Holiday run. Feb. 2021 IGEN .10.
I got a few more .0002s today myself.
got some more at .0002 today. No fill on .0001s.
adding tomorrow. Run coming.
Only got 3.5 filled. May run tomorrow hard to get shares.
Okay, that's me at .0002. trying to fill 6 mil, 1.5 mil filled so far.
So they basically sold the company after it sells its car inventory, just the infrastructure, for 1.2 billion, the amount of the loan?
yeah. You are right. Not worth the chance of holding. If I did trade again, which I probably won't, I won't hold overnight.
tanking now.
I had to sell at 2.37. Lost half my profits from Friday.
bidding 12 mil @ .0001 just to see if it fills, so far nothing.
next stop 3.30 then 4.00
Wow, nice price action premarket.
chart says 4.00 test Monday.
Ding! One Billion served.
Agree, huge news along with massive squeeze equals at least $4 in my opinion.
2.21!! This is trading like a short squeeze.
Big bounce! Gonna test 2.20 again!
nope, really didnt like 2.20
2.20 check. 2.40? anyone?
HTZ 2.14 bid go, go. Just looking at the chart, if we can test 2.20, then 2.40 not far, than we break to new HOD over 3.00. lol. Would be nice. ;)
rolling the dice at 1.94
Need an update on OTC Markets to become current.