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Right now I'm just staying in a cash position until the markets sort themselves out. I cashed out my pennies just holding 2 of them now but I sold off on about 12 pennies that I was holding.
Another 100 shares went through today. $120 dollars worth not even worth the commission paid.
I wouldn't be suprised to see that $1.20 support fall. IMO how many 100 share lots can they consume before they get filled and back down?
Thanks cuttinrog. I'll stick it out during these quite times but hopefully we do not see another reverse split here again.
Good Luck.
Where do you think this one is heading four?
GSPG is not taking online orders. How are you guys buying?
What do you mean when you say "roundup player". Sorry for my ignorance on this question but I have never heard of that term before.
Do you think this shell will ever come back to life or is it dead like some of my other empty shell plays that I'm stuck holding on.
Not much has changed on Level 2. The damn bid and ask must be carved in stone or something.
Did you play WTVN yet?
USAU came out with a nice pr this morning. Good Luck if your playing it as it is up 36% already today on low volume though.
I think patience is the key as you mentioned. that bid at 1.20 appears to be strong but until the company comes out with any news. It's all a crapshoot.
Posted by: chrisfromalbany
In reply to: mesenger who wrote msg# 273 Date:1/4/2008 11:48:27 AM
Post #of 287
not really.. think it is a wait and see or wait, forgot, and hope for something good. I see no reason to sell. Many of these types of plays you just need to wait it out. The MMs and company are holding waiting for people to get tired and sell. When enough time has passed.. they will do what they intended to do. The RS was done for a reason.
I see your an optimist here roflmao.
Low volume here again today. Actually ZERO volume here. The bid and ask is $1.20 by $3.00 here.
I'm just parking myself here as I have some profits from GLLK and INBG to throw in here.
Yeah I am crazy I know that. I bought CTSO this morning. Dead duck what a moron I am.
They all do buddy. I'm just saying that at this point in time INBG is better than GLLK. INBG may swing up to .02 cents while GLLK may swing back down on 500% profit taking.
Yeah but how many of the o/s are sitting in insiders hands. With the volume we have been seeing there you would think it would be going much higher than where it currently is.
I may be wrong but it is just my humble opinion.
ill? Are you licensed to ill?
I don't think so IMO much higher ground coming. I hope you are not in GLLK because end of day Friday profit takers are coming in.
Just an honest opinion.
So nobody was able to sell off in tax loss season then.
I'm looking for much higher ground there. Consider this a trade and go long on it. much better than the paper factory at GLLK
International Building Technologies Group, Inc. Signed a MOU to Acquire a Machinery Manufacturing Co. With USD 3.9 Million Worth of Assets
Friday January 4, 9:30 am ET
ALAMEDA, Calif.--(BUSINESS WIRE)--International Building Technologies Group, Inc. (OTCBB:INBG - News) announced today that it has recently entered into a Memorandum of Understanding (MOU) to acquire a machinery manufacturing company in Wuhan, Hubei Province of China. The Hubei InteWufeng Machinery Co., Ltd. currently offers several lines of equipment, but its machining capabilities can be retooled to manufacture the panel production manufacturing systems that IBT will utilize in several planned projects in China and other countries.
ADVERTISEMENT
The signed MOU has specified the basic terms of a Final Agreement to acquire the machinery manufacturing company following due diligence and financial review by both companies. Financial information provided by the Hubei InteWufeng Machinery Co., Ltd. states the company currently has assets worth RMB 28.5 million (US Dollar 3.9 million approx.) and generated revenue of RMB 30 million (US Dollar 4.1 million approx.) in the year of 2007.
Stated Kenneth Yeung, CEO of International Building Technologies Group, Inc., “This potential acquisition would give IBT the ability to manufacture its proprietary equipments of panel production machinery. The Hubei InteWufeng Machinery Co., Ltd. currently has state of the art tool and machining systems, experienced engineers, design capabilities for new lines of equipment as well as strong service and after-sales support. Strategically, this acquisition would strongly support IBT’s ability to supply the market for building panels in China and throughout the world.”
The acquired company is located in Wuhan, Hubei Province of China. It is a machinery factory that manufactures equipment, production lines and heavy equipments for mineral refinery in China. It has been one of the key players in the same type of equipment manufacturing industries for the last decade. For further information of The Hubei InteWufeng Machinery Co., Ltd., please visit http://www.ytwf.com.
For more information on International Building Technologies Group, Inc. please visit www.ibtgi.com.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Contact:
International Building Technologies Group, Inc.
Patrick Donahoo, 702-688-9683
ir@ibtgi.com
--------------------------------------------------------------------------------
Source: International Building Technologies Group, Inc.
Actually INBG not filling my orders so I think it's a good one to keep an eye on.
Are you still following this one or did you jump ship and take your tax loss?
So i'm safe at $1.20 here or did I make a mistake?
So any ideas what my odd lot is worth here now?
Does anybody have any DD on this company.
Your still here? I thought you be skiing in the french alps sipping on dom perignon.
SYDI 144 trades so far, up 18% HAPPY NEW YEAR!!!
LLEG bottom in place IMO.