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Another buy signal for IGPG on today's close.........
And less than 10% of today's volume were in question. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
glta
If you can impose the same red line found on the IGPG chart found here onto a 60 minute chart you will find uncanny conformity and nearly a glove fit print by print. This is the base line of a Wolfe.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
About 60% of Wolfes finish as bullish moves and about 40% finish as bearish moves. The original bullish ascending triangle no longer exists. Should IGPG share price convincingly break the Wolfe outline I will explain more about it. This configuration is interesting for many reasons but one very intriguing characteristic is it has time-goal-dating capability - the hair on your neck will stand on this stuff - fascinating......... especially when it involves your stock, IGPG.
You can discover bull and bear Wolfes before completion but I never learned that part of the mathematics. I could go on but it would get boring. Let's see what happens.
glta
Total volume yesterday appears kosher eom
I looked at this before. Carefully consider spelling. There are two pr groups with similar name spellings. Only one letter difference. One is high end..... the other is not. One has GE subsidiaries, the other has a stable of nobody's. I cannot remember the spellings right now but it is the same as the pr guys name......... must be a son or relative to the owner.
First, I suggest you read several books about technical analysis (especially volume trends and divergence in technical studies)(even more specific - adi and obv comparison analysis) and associative and distributive properties in algebra and conic algebra; acquire software that can generate IGPG 60 minute charts, daily charts, and time and sales reports - TradeStation is one platform that can easily do all this...... QuoteTracker too, depending on data source.
If you have questions after that, read my posts again. You can email me through the StockCharts list site. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893 An IGPG chart can be found there too.
Have a great day!
(LOL) Sure you can...........
There are IGPG minute charts, volume charts, and even tick charts.....
There is a simple card trick most everyone knows where there are 3 rows of 7 cards and you rearrange them three times to determine which card is the secret and selected one...... Imagine what you could do if you needed only five or six cards and a single row.
Association. Probability. Elimination.
You don't need a chart to determine what I've told you about IGPG. Had you read my posts, you'd know this.
Have a great day!
A little more than 25% of total IGPG volume today were new shares. A couple shorts may have been in the mix as well. Most executions were small on both sides. One bid trade was over 500,000 shares. Shorts were well over 100,000 shares each.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
pr's mean little to me.........
When I began posting here the stock just came off a historic low; I stated I had been buying; there were no pr's to cue my buying; I have netted nearly a triple; and I'm averaged @ .0037 for another go at it. Go figure.
Math is a wonderful thing, huh?
glta
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
p.s. I think other technicians have said the same thing about technical events coming and going without reward. I know at least one has on this board (other than myself).
I have been dealing with these stocks since 1984 or thereabouts and have learned many ways and means they sell and distribute equity. Shorting is not readily visible in a manner being meaningful as real distribution is. Yesterday, nearly half of total volume was probable new share sales.
Usually, when shorting occurs, it appears as an accounting exercise - obvious mathematical episodes repeated with notable suffix signatures.
New share distribution and large scale systematic selling are opportunistic events like boxing - jabbing, bobbing and weaving in and out of normal market activity or like a kid cutting in out of nowhere to get his share then running away to enjoy his prize. And often there is only one marketmaker doing the deed. These are the traits of the IGPG mystery volume. Add the execution price relative to the spread and you have them pegged.
Once they get heat from who knows where about being conspicuous, they will try to disguise their efforts - selling at bid, not backing out at ask, etc.
IGPG has had a few promising technical events come and go without reward. Technical interest makes things easier for them - more unsuspecting customers/bait. Unfortunately, we are listening to the music without much to say. If volume were much greater three things could happen - share price could go down; share price could go up, they could distribute even more shares in shorter time.
I'd like to know who is the actual culprit.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
It seems AUTO is working for the guys in black hats...... from what I hear around here. But line cutting is not a problem yet. Gitty-up!!!!!
Riding up to Vedre. Back tonight.
Looking at a 60 minute chart one can get excited about the near term potential - it looks good. But one line cut has already occurred this morning and you can't help but wonder how many more may come. Geepers, the 60 minute is looking good. Let's see what they do with it.
Monday distributions were done a little differently than usual. While they were cutting line on rare occasion (about 8% of all volume), a few may have gone completely retail and even on the bid. You now seem to question the undercurrents.
The following report includes one after-hours trade at bid
08/11/08 09:45:15 0.0045 0.0041 0.0045 20700
08/11/08 09:46:54 0.0041 0.0041 0.0045 400000
08/11/08 09:46:57 0.0041 0.0041 0.0045 198400
08/11/08 09:47:02 0.0041 0.0041 0.0045 23000
08/11/08 09:47:07 0.0041 0.0041 0.005 0
08/11/08 10:32:25 0.0041 0.0045 0.005 0
08/11/08 11:05:57 0.0045 0.0045 0.005 520
08/11/08 12:06:59 0.0045 0.0045 0.005 100000
08/11/08 12:46:50 0.0045 0.0045 0.0047 0
08/11/08 12:47:29 0.0045 0.0045 0.0047 100000
08/11/08 12:47:34 0.0045 0.0045 0.0047 200000
08/11/08 12:48:03 0.0045 0.004 0.0047 0
08/11/08 12:48:03 0.0045 0.004 0.0047 20000
08/11/08 12:49:01 0.0045 0.004 0.005 0
08/11/08 12:49:02 0.0045 0.004 0.0045 0
08/11/08 12:50:01 0.0045 0.004 0.0042 0
08/11/08 12:55:52 0.0045 0.004 0.005 0
08/11/08 12:55:52 0.0042 0.004 0.005 50000
08/11/08 12:55:53 0.0042 0.0042 0.005 0
08/11/08 13:39:23 0.0042 0.0042 0.005 55000
08/11/08 13:40:59 0.0042 0.004 0.005 0
08/11/08 13:41:02 0.0042 0.0042 0.005 0
08/11/08 14:06:34 0.005 0.0042 0.005 500
08/11/08 14:22:48 0.005 0.0042 0.005 55555
08/11/08 14:56:35 0.005 0.0042 0.005 5000
08/11/08 14:57:28 0.005 0.0042 0.005 99310
08/11/08 15:47:53 0.0042 0.0042 0.005 35000
08/11/08 15:48:06 0.0042 0.004 0.005 0
08/11/08 15:48:07 0.0042 0.004 0.005 50000
08/11/08 15:53:40 0.004 0.004 0.005 125000
08/11/08 15:53:41 0.004 0.004 0.005 285000
08/11/08 15:55:09 0.005 0.004 0.005 5000
08/11/08 16:14:47 0.004 0.004 0.005 1000000
08/11/08 16:14:52 0.004 0.004 0.004 0
It really doesn't take much to upset the other makers. Longs suffer when they do. L2 trading in these conditions can give you a headache if it remains on your shoulders.
Still long, but wondering about it.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Did you see how it struck .005??????.........
Ain't how one would expect. Watch for an in-between leaving the other mm's with their teeth in their mouth........ He would be the bad guy. He may let the others do a limit order or two but he will pick their pocket, especially on larger trades. And after a few of those, the other makers will begin dropping the price.
Gonna wash a motorsickle....... Suppose to ride A1A tonight.
Good luck
Do you know who these institutional holders are? I think I saw them posted once but did not note them. They have connections and positions to produce negative volume and in the manner it is currently being distributed.
Make no mistake. Shares are being distributed. I am 95% certain they are new shares. My reserve of 5% is systematic selling of a large position. Short selling does not appear to be in the mix.... or so little it is not relevant to average daily volume.
Systematic selling was discussed as a possibility early in my finding questionable negative daily volume. Whatever the source, they are interfering with longs and circumventing normal market activity - throwing a big wrench in the party.
The technician who counts or hangs candles would be flat or short by now.
Myself? I nearly did a triple already. And averaged still @ .0037 with remaining shares.
Beat the drums!
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
I did not say you were calling me names......
Other people have, however.
This is what happens when people do not understand what is going on - technical premise is found to go long; the stock is going nowhere or down when it should be going up; news and fundamental indications suggest everything is fine; I point out mathematical probability new share distributions are occurring; I am verbally attacked by posters; the stock depreciates more; subsequent news proves I am correct.
This has happened dozens of times.
IGPG is nearing a technical crossroads. Some technicians will contend it has crossed that point already and in peril.
Imagine what would happen if that 1/3 of all volume were not on the distribution side...... IGPG share price would be in the stratosphere.
glta
We are talking about 1/3 of all shares each and every day. (wink) And again, this ratio is very, very common in the distribution in new shares....... especially in low or no news scenarios.
I have been through this before. Time will prove I am correct...... My methods have proven themselves over and over 100% of the time. Ask winnotlose here on this board.... he has seen my mathematics work in SHSN when dozens of posters called me names and insisted I was lying. Oh, those dang ol' mathematics.
Again, the current distribution ratio is near the threshold of short term success/failure for longs. And the bullish ascending triangle formation has been negated through these distributions. What you hope for can quickly change. Be nimble.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Still long here.
You can believe what you choose........
Shorting prints differently than new shares. I demonstrate this with regularity on IHub. And who is to say Cornell is distributing new shares. It could be someone else. But it is happening. I am 95% certain.
Have a great weekend
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
No. Not a third more, but rather 1/3 of all volume on Thursday and several days before has been new share distributions. I did not monitor on Friday.
The chart has been updated. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893 Note the ascending triangle is no longer valid and a new configuration has formed (having a neutral to negative bias).
glta
Thursday IGPG volume was approximately 1/3 new share distributions..... I was busy Friday and did not set my software to monitor volume activity. Despite pr's and transfer agents, new shares are being distributed. I am 95% sure. If you doubt I have such capability, follow my IHub history and you will see I am always correct....... even with gagged transfer agents, differring pr's, arguing company officials, etc.
Technical premise remains to be long. Chart updated tonight.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Good luck
The guys in black hats are at it again and the regular marketmakers are not liking it........ dropping the bid and increasing the spread.
IGPG may turn in to a real crap stock because of it if they don't stop selling new shares or systematically selling. It is looking more and more like new shares are coming out despite previous news release.
Now they are dropping the ask too. This ain't good. The regulars can screw this stock into the ground because of insiders dumping too much or taking their knees out by cutting the line.
Don't trust otc transfer agents. Most of them are about as crooked as the companies who hire them and only release what the company wants.
NEW SHARES ARE BEING DISTRIBUTED IN IGPG.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
The Chinese say, "Light a candle, else curse the dark". I believe you will find IGPG outstanding volume growing or insider selling when all the cards fall. Don't you find it odd the Q has been postponed at this point in time....... considering all the supposed wonderful news you insist is coming? My history lends I am always correct on these studies. Funny how that works.
How do you think we went to the moon, developed the Internet, determined incredible engineering feats, etc???????? Mathematics. What do you think technical analysis is? And would you think IGPG stock volume is far more simple than going to the moon? (LOLOLOLOL)
In a galaxy far, far away....... I was a high school math teacher. One day you will read 'em and weep. Count on it.
Guys in the black hats were almost 1/3 of the total volume today. Something is going on that ain't friendly to longs....... at least for today. I'll continue monitoring the volume every day until an answer is found.
The last strike of such volume was around 3:00.
I am confident at this point it is not short activity, but rather systematic selling or new distributions. I will get raked for that comment but I am 95% sure it is one or the other. Now we need to find out who and what.
1/3 of todays volume is insignificant in a short span. But I have mentioned this has been going on for a while. 1/3 of all volume over weeks will become a significant number. And when we are anticipating a price move this can only slow or negate that progress.
I will monitor the next few days. If someone can let me know when AUTO makes an execution by simply posting the approximate times they chime in (eod)...... it would be appreciated and perhaps more palatable by readers if a joint effort is made. AUTO is a likely black hat marketmaker doing the deed.
btw.... 1/3 is a common ratio of most new share distributions
Has anyone heard when the Q will be out? I read it was delayed a while back.
glta
Brief Google queries have found these facts about the management and associations of Ignis you brag about on a daily basis:
Evett worked for Capital Funding who specializes in offshore investing and has had more than 50% of its subsidiaries close or disappear. No title can be found for him there. The bank you claim he worked for is real but no record exists of his title or tenure….. more than likely a nobody because no record can be found of his employment there. Maybe he was a teller.
Iwamoto Kong is a hedge fund. Nuff said.
The Carlyle Group specializes in venture capital, management buyouts, leveraged finance, and the 6th largest sub-prime mortgage portfolio in the United States…… and has several questionable contributions to political campaigns in the current White House. They don’t sound too smart.
Alexander Kulpecz is an official for several self-proclaimed expert organizations concerned with oil and gas exploration. His rate is $750 an hour. He is notorious for cutting advice-for-stock deals which he has arranged several with IGPG since 2005 and has acquired a large position in. How many wells has Ignis found prosperous since 2005? Wouldn’t it be better to get paid in cash?
These are just a few………
Offshore investors? Hedge funds? Swiss bankers with no title? Leveraged finance? Self proclaimed experts? These are the people you endorse who are closely affiliated with or manage IGPG. Why is that?
Let’s study the volume and see what pops up……. Ya want to?
I’m hoping for the best. And when ya hope in this game, ya ain’t where ya should be.
New share distributions can be announced 90 days after the fact and insider positions can be announced 180 days after the fact in otc land. Amended K's and Q's often afford such information if a formal 8 does not. An 8 is not the only document sharing the truth of equity distribution.
Watch out for black hats and banker types. The old adage if it's too good to be true may be in the soup here.
Volume has had questions. A closer look is needed. I'll begin studying tomorrow night when time permits.
The ta needs to be asked of date specific share counts and types (too).
I'll set up my software to watch tomorrow while I'm gone. AUTO is a common black hat.
The triangle went to a five count. So, we're still good in the technical setup. Low volume was disappointing.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
How's it goin'?........
How much did AUTO play in the mix today? Do you know?
I went to TradersLibrary.com to look for ones I have read and two there are not available from the publisher. If you search for books on your own, be careful not to get one written by a "society" or educational group - very long, dry and boring reads discussing the ins and outs of formulas and calculation variables. I'd look for something specific to trading in the title.
You will run into Elliot Principle which can become quite complicated when applying it yourself. I have known only a few people who were actually good at it....... Not to say you are not capable of doing Elliot.
Here are a few links to Fibonacci information in the trading context. If you want to learn Fibonacci in astronomy, engineering, biology, etc, do a Google on a specific area of interest.
http://www.elliottwave.com/club/default.aspx?aid=2367
http://www.amazon.com/gp/product/007149815X
I have read a few good Robert Fischer books http://www.google.com/products?q=fibonacci+trading+books&um=1&ie=UTF-8&checkout=1&sa=X&oi=product_result_group&resnum=1&ct=checkout-restrict
http://www.google.com/products/catalog?q=fibonacci+trading+books&cid=15096081115422537896
Good luck
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Here is a graphic explanation of what I was talking about earlier in the anchor post to which I am currently responding..... concerning Fib counts in IGPG. It also keeps the board active -
Elementary Fib numbers are 1, 2, 3, 5, and 8. In the chart you can see extreme price print geography in counts of these numbers in ascending http://chartpatterns.com/ascendingtriangles.htm and symmetrical triangles http://chartpatterns.com/symmetricaltriangles.htm . Far more often than not, Fib numbers will signal when a price breakout will occur. These counts are most often in the 3 position but can be 5 or 8. The examples in the links all offer 3 as the breakout Fib number.
As seen in the IGPG chart above, the current Fib number count is 3 in both the bull type ascending and descending triangles found in the 60 minute chart. This does not necessarily mean price will immediately breakout from here, only that price is unlikely to further retreat from that 3 low price elevation. It remains to be seen exactly which Fib number will promote the breakout, although it may already have. Breakouts in these formations almost always breakout at an elementary Fib number. Too, be careful to analyze which triangle and if it is bearish or bullish. Starting points are different. Study them at the given links.
The daily chart is affording a symmetrical triangle.
The same points and Fib numbers are found in the daily chart reinforcing the probability mentioned above.
We could use time-goal-dating (another Fibonnaci technique) to determine a future date when a breakout will occur but we tend to have a good idea when that is. However, there are near term price targets that can be calculated using the information stated above.
The 60 minute gold target is approximately .012
The 60 minute lavender target is approximately .018
Keep in mind these are near term targets and I do make errors.
Fibonnaci was a 15th century mathematician. Amazing how his stuff works today. There are dozens of books on his work and applications from everything from all the pyramids on the planet, to wildlife and plant life, to the stock market. He has found some incredible math and all encompassing ratios belonging to the structure of most everything in the universe.
Have a nice weekend
To each his own methods..........
I do like the ta not being gagged. It makes things much easier to monitor and cuts down on the lengthy math. However, there are a few questionable spots in volume - nothing very alarming...... I suppose there is inside volume coming out, but not a problem yet. Or they are creative in hiding it if they are dumping. The share price seldom reflects this..... just in small blips now and then.
Unfortunately, I will be on the road and busy Tuesday and Wednesday..... cannot watch those days. I'll check in early evenings and see how you've done.
Let's make some money!!!!!
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
I began posting here when the IGPG share price just came off .0025 and posted I had been buying the last few days. I could not buy .0025, however.
Some chartist claim things that are improbable and worse and give the science a bad wrap. Others can tell you things about a stock unimaginable through their charts. I told you I was buying IGPG around its all-time low and it has well more than tripled from there. I call the particular mathematical event I used to determine this MACross21CCITag. It is a synchronous technical event where several calculations within IGPG price data reach a threshold simultaneously. It is not perfect. On occasion I buy duds. I trade futures indices contracts for money and cheap stocks for fun and drama.
Penny_TA is an accomplished chartist having bought IGPG. His methods are different than mine, yet he is long IGPG near this bottom as well. There are reasons why we are here when we are and I'm sure other chartists are as well.
You mention IGPG being on the SHO list. Many otc's are there. The only thing I ever read about IGPG is here on this board. I did a mathematical scan on StockCharts.com and found IGPG. I had never heard of the stock until a few weeks ago, nor knew what they do in business. This SHO list means little to me. With extra effort I can tell if IGPG is being shorted or new shares are being distributed in my charts (should this become important to me). Some people doubt it, but I regularly prove them wrong.
I've been charting for a long time and have tinkered and read enough that I am confident IGPG is/was a reasonably safe long at .003 with likelihood of reaching exponential gains. Heck. I have read three books on MACD divergence alone. How screwed up is that? I may be dried up, but I'm kickin' IGPG's butt to the bank. (wink)
I'm not an enemy. My intent is to be long IGPG until the chart says different. Black and white. No nonsense. No fluff. And little gray as possible.
Good luck
My IGPG charts have yielded nearly a triple in recent days and a current position averaged at .0037. Not applying a proven logic or method is nonsense.
Fibonnaci is a mathematician whose work is professed in many universities today and many contemporaries have written books about his efforts and how they apply to markets. Applications of his work has been demonstrated in stocks, and IGPG will be no different.
Creating a new chart will disregard a base to build and will be meaningless for IGPG.
Having been counting the Fib numbers one could have gotten IGPG at or very near the low of today and still be long at the high of the day; ie, .005/.0055 and .007
Be careful. Having Cornell or whoever back away is not for shareholder benefit. Believing it is can prove expensive. The stock may spike, but it is not for most to reap. It is for the few who can see the undercurrents..... Like in a complete and full chart. Ask pennyta. He'll tell ya.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Thought so.........
If you count the extremes within the 60 minute triangle you can count 3 at present. It is significant because that is a Fib number. However, they will often run it out near the end of such a configuration...... stretching it to a five or eight count (more Fib numbers) before letting the stock go.
Let's see what they do with it. .006 x .007 right now
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Looks like they may be fishing it upward........
The in-betweener musta caught the eye of someone http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
You know and I know and a few others know that ones distribution is another ones accumulation. Some confuse the reality of that thinking it is good. If AVWI is a delicious looking three egg omelet and 95% of it falls from the plate as it is being served, I wonder if they'd say anything about it..... That Peacock ain't a very good waiter, ya know
I added a few more recently.........
Drumroll please http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
Yes. I would expect all of the authorized shares having been placed with them. Derbenski and I calculated about 350,000,000 were distributed between May 12 and early July using conservative quantification methods. I guess it depends on exactly how many and how fast Sequoia wants to unload. They washed out a few positive technical possibilities with new share distributions in recent bouts. They appear to be at it again. I need to watch in real time to determine if they actually are.
The AVWI story line is good - great for reeling 'em in - a potential 3rd or 4th merger, stock payment, repayment from a bankrupt company. Pretty funny.
Alvim Alpha completed July 23. Long AVWI. The 60 minute chart suggests new shares are being distributed. No other technical confirmation. Good luck.
First, I don't post exclusively to this board promoting the stock and excusing questionable history of certain people within the company. "hedge fund" and "capital" in recent positions should cause alarm for this Evett character. And I never said anything about past convertible debt, nor future convertible debt. Read the post again. Evett belonging to similar institutions should cause concern - a weasel in the chicken coup.
Second, I am long .003 and averaged @ .0036 plus I have already made cash on this thing in recent days. I mentioned being long a few weeks ago at the bottom of the stink pile this stock has made.
And, my experience dealing with these crap companies is probably greater than the age of some people here.
The evidence you have that Evett is much of anything are nothing more than found titles in pr's from a sub-penny stock. That ain't worth much. Add his history and it looks even more questionable.
Those are the facts. And nothing you can do will change them.