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Looks like another day of MM games ahead of us. Guess its time to get some real work done. Have a good day all.
I've got to say I am getting tired of seeing UBSS on the bid and ask day in and day out. I hope whoever is trading INXR over there gets caught wih there pants down, takes a major hit to their P & L and is demoted to an assistant. Just had to vent for a minute. Let's go INXR.
Tradeswapper,
Thanks for the response. Once we get our house in order I will be sure to make contact with Vijay. Have a great day.
JK21,
Thanks, I will try to read back through them. Have a great day.
In2lite,
Wow, now that's a treasure trove of information. Thanks so much for all that info. It will be interesting to see what types of reenues this will generate for Ifinix through the JV. Thanks again and have a great day.
Tradeswapper,
Do you have any idea when FastFix will go live as it is a perfect fit for one of the start-up businesses I am involved in (aggregate mine in the Caribbean importing product to the U.S.). We are purchasing our own ship but as we grow may need to lease a second ship. We may also be able to supply FastFix some of our excess capacity on the dead leg back to the mine site. Fastfix definitely has the potential to be a pretty significant revenue-generating subsidiary. It was a great PR and it seems that Ifinix may have more going on behind he scenes than many of us knew. Have a great day.
JK21,
You are right about the Mets playing later into the playoffs and you guys look good again this year. As for INXR, we are about to enter the playoffs for this stock and it is time for this baby to become a primetime player and show these flippers and MM's what its made out of. Thanks and have a great day.
JK21,
I guess we should take it with a grain of salt but thanks for posting it anyway. I have been meaning to tell you that as a resident of the NYC area for most of my life you have to be a Yankee fan if you still want to be watching baseball in October, LOL. Do you live in Queens?
Have to get a kick out of these MM's. The spread is more than 25% of the value of the ask. That's just plain manipulation in my opinion.
Nenodj,
That is entirely up to you but if I had excess funds available I would not hesitate purchasing more shares as it seems that the company is executing their business plan as they have previously stated and there is no telling when the MM games will end and the stock price goes up significantly. As many have stated here, a tick up or a tick down should really not matter at this level. All, IMHO. Good luck and have a great day.
Nenodj,
In my opinion, the fact that NITE and UBSS have constantly been on the bid and ask for the last few trading sessions is the best evidence that they are walking it down to shake people out as these two firms are the biggest manipulators of the OTCBB/PINKSHEET market. We just have to wait them out until they have had their way and have either sufficiently covered their shorts or accumulated enough shares thet they let the share price trade on its own developments. All IMHO. Hang tight and have a great day.
Fotog,
I think we are all surprised that we are still down here but we will be moving up very shortly. I believe things will unfold with INXR as Tradeswapper previously stated in one of his posts where all of a sudden it is evident that the float has dried up and we will move upwards very quickly to the upside fueled by significant company announcements and the end of MM games and/or the covering of any outstanding shorts. This should all happen in the short term, IMHO.
RickInv,
Are you saying that the "little birdie" is chirping again. If so, that is music to my ears, LOL. Have a great day.
Tradeswapper,
Thanks for all your time and efforts in conducting your personal DD and sharing it with the board. In my ten plus years of trading OTCBB and pinks and visiting various message boards I have never seen a more proactive moderator of a board. Everyone on this board who has benefitted from your extensive DD owes you a debt of gratitude and I know in the end that your efforts will be greatly rewarded with a much higher stock price. Thanks again and have a great day.
Creppie,
Bear in mind that management has already stated to Tradeswapper that they hold about 500 million shares among them(will be verified when audited financials are released), which brings the the float down to about 1 billion. Next take into account the fact that many on this board alone hold many millions of shares for the long haul(multiple pennies if not higher). Conservatively, I will estimate another 500-700 million shares are in the hands of people who are holding for somewhere in the $0.05 range. That leaves a conservative estimate of the true float at about 300-500 million which drys up a lot quicker than perceived 1.5 billion OS, especially when you factor in the momentum that will be created by the announcement of the product launch as well as the OTCBB uplisting when it occurs. Have a great night.
Let's just say that INXR could easily return thousands of percent over the next few month. Even with the so-called "huge" OS. Creppie, just so you know USXP went to four cents last year with an OS 10+ times that of INXR's OS so you might want to re-consider what a "huge" OS is. Have a great weekend.
Supermon,
I would love to believe it but I asked my sister, who is an OTCBB MM for HDSN, weeks ago about those 911 trades and she laughed at me stating I was looking to deeply into things. Have a great weekend.
Spoken like a gentlemen Frankiefingers but I think what upsets people is when you continue to repeat yourself while making negative statements. You are right, everyone is entitled to their opinion, but not to constantly repeat the same things over and over. Congratulations, you were right on where the stock was going and if you are truly a long then you will probably be right as to where it is going in the future. Have a great weekend.
Fingers,
You gotta do better than that. You posted that earlier and no one really cares if you are right or not because the INXR longs will have the last laugh in this story. Come on pal, step your bashing game up to the big leagues.
Not to worry guys, one good PR and watch INXR snap back like a rubber band. A good indication of how this is being manipulated by the MM's is how they have walked it down on such low volume compared to what we traded at higher prices. They are just getting their house in order, so to speak, before they let it run on news. Have a great weekend.
Doogle,
Agreed. No matter what happens tomorrow I am already looking forward to next week. I may even pick up some more shares in the morning. Have a great evening.
Mimurray,
Well said. My thoughts exactly. If the MM's are going to continue to play games and walk the stock down I guess I will be forced to hit the ask in the AM as I will have to deposit funds first. Have a great day.
Dooglearchie,
I agree. I believe that the absence of significant volume indicates that the flippers are out and it is the long and strong that are left for the most part. Next week we should see some significant movement upwards if the company starts announcing developments. Have a great day.
In my opinion we can expect .02-.05 within the next three months or sooner depending on how developments unfold here. There are a lot of developments(e.g. broker/dealer partnerships, marketing campaign, release of software, audited financials, uplisting) with this stock that could cause it to move higher rapidly. This is one pinky that you can buy and hold for a while.
SWFfileman,
The risk of investing in INXR at this time is minimal. The company is about to unveil the product it has been developing for the past 6 years, they are about to begin an intensive marketing program for that product on all the major financial TV networks as well as print and the internet, and to top it all off they are in the process of seeking an uplisting to the OTCBB. In my opinion, in my 10+ years of trading pennies I have never seen a stronger potential 10 bagger. I avoid the use of the word "guarantee" because nothing is "guaranteed," but this as close as it gets, IMHO. You may have to hold the stock for 6 months or so to reach that level or it may be sooner but I do believe it will get there. There is your nudge. Have a great night.
I have to confess I copied it from Investopedia but as I was a floor clerk on the NYSE for Schwab until UBSS bought out its capital markets division a few years ago I should know what it was as I used it every day. Ft lauderdale is sooooo much better this time of year than Bayonne, NJ or NYC. Have a great night MoMo.--OT--I am hoping that I can eventually peel some profits from here at the .05 or higher level and put them in NVGM. Do you think it will stay under .05 for a few more months? Thanks.
Sinister Minister,
The automated system the NYSE uses to execute trades is called Superdot and here is a brief description of how it works: The SuperDOT order-routing system facilitates the transmission of both market and limit orders directly to the trading post (and specialist) where the particular security is traded. This allows for a more efficient transaction because the order can be delivered directly to the specialist rather than phoned down to a floor trader and done manually. SuperDOT can be used for trades under 100,000 shares with priority given to orders of 2,100 shares or less. More than three-quarters of the orders executed through the NYSE are done through the assistance of the SuperDOT system.
After the order has been executed, the report of the transaction is sent back to the broker through the SuperDOT system. This means faster execution of the order and faster reporting of the trade. While most individual investors cannot have access to SuperDOT directly, there are complimentary systems offered by many brokers that replicate similar order executions provided by SuperDOT
Although I would like to say that we could rectify the types of problems the NYSE experienced yesterday with our technology I cannot make that statement. Our trading platform will give the investor the ability to choose what MM to route their order through whereas Superdot actually routes the order to the specialist post who is responsible for the maintaining or an orderly market on an NYSE stock.
SWFfileman,
Agreed. The only thing that INXR as a trading platform would be vulnerable to as far as trade execution revenues is concerned is extended periods of sideways trading where people just sit on their positions. The volatility that we have seen in the markets the last few days would actually contribute to generation of greater revenues for Ifinix platform as greater volatility tends to promote risk aversion causing traders to exit positions they are not fully confident in. On the other side of the coin, the increased volatility could create more attractive entry points on stocks that, in a more stable trading environment, might not experience as dramatic a swing in price thus creating value. In a strange way the unveiling of our new trading platform will not only align us with MM's through strategic partnerships or licensing agreements, but it will also align our interests in that both the MM's and INXR will generate greater revenues in a volatile trading environment as opposed to a stable trading environment. Thanks and have a great night.
JK21,
OK thanks, just wanted to make sure that was accurate. To me, today seemed like a full day of market manipulation. They are just getting their houses in order before the expected news that should start a major run in INXR. This is how the game is played so as long as we know the rule we will be ok. Thanks and have a great day.
Looks like 13 million shares crossed the tape at .0018 after hours. Does anybody else see that or is it just my alphatrade goofing off. More consolidation today with what I believe was MM's driving the price down so that they could cover some of their shorts at a lower price. Thanks and have a great day.
In my opinion, a close of .0018 or .0019(wishful) would be extremely bullish for INXR given the games the MM's are playing. .0017 would be neutral and .0016(not gonna happen) would send me scrambling to find more funds to acquire shares of this gem.
Penny stocks generally don't trade based on big board fundamentals. Look at it from the opposite point of view, do pennies move higher when the Dow is up big time, not really. Pennies are news driven. I will yield to you that the MM's may be using the drop in the Dow to bet INXR down to cover.
In my experience in pennyland, a drop like this without any logical reasoning when most of the trades of the day were at the ask indicates that news will be released very soon. The MM's drop the tock down on nothing so that they can attempt to cover. This is all my opinion but I have seen it many times over the ten years I have been trading in this market.
Tradeswapper,
You gotta love the bid support we are experiencing right now. The MM's are going to be ripping each other apart to get shares once we strt the accelerated move up.
Looking at the time & sales today I have counted up what I believe to be sales(4,586,000) versus what seem to be buys(35,251,027) as of 2:25 on volume of 43,837,027. The MM's are doing their best to hold this down as long as possible, but they are in for a rude awakening in very short order. The more they short the higher we will go once the anticipated news is released. Have a great day all.
Dukedbd,
How long has your order been sitting there?
Navvin,
They are sneaky aren't they. As I have stated before, my sister is an MM at Hudson and I won't even sit next to her at the table during the holidays, LOL.
Stocktrader,
Well, we got that uptick on the ask now we need them to uptick the bid. If not I'm pretty sure people will just continue to try to pick shares up at .0019.
.0019's getting churned through pretty nicely here. Hopefully we will see an uptick before noon. If news was to hit today it would be a nice ride to the mid .002's.
Where's the volume on INXR. Seems a little slow this morning. Almost like we are waiting for something. Could be just another day of accumulation though.
Navvin1,
Good morning, I agree that we will be seiing .002's very shortly. These mm's have to be low on shares with all the accumulation that has occurred recently so they will have no choice but to raise the bid. Have a great day.