Target swing trader, never ever day trade. Option spreads or micro stocks.
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T trade is one MM passing off accumulated intraday shares to another MM. Period. Use your head people.
Inside range day, very low vol.... Stock is patiently waiting next impetus. News=rocket fuel.
But I got 4 acres of grass cut and my opt spreads did not push out of spread track. Good day..
Been cutting my grass and thinking how ridicoulos the bear case is for IGEX.
I think it's undervalued by 500% right now... The market is a forward looking entity.
Look 6 months out and this probably is .30 to .50 .
If cash flow positive news comes out near term it's $0.10 . And news is due any day now.
Its up to each persons risk, DD, and patience level but how do you not see great opportunity in IGEX if you put in a few hours research and have a investment horizon more than 24 hours...
More important, No sellers.
Bodes well for continuation trend.
People are watching. A run up will have many running to catch the train. The future is very good here.
Good to have you along...
My target is a dime... I'm not a trader in this.
A momentum run above .003 sends it to .015. I still caution traders not to load any sells at .01. Float thin as it is and story behind its way undervalued at a penny.
I hope Momo does not go on here. But don't feed it with sells if it does. We have a lot of shares represented here.
Look for .10 at least. We have a great entry and are early in this.. The price will come.
Think multi pennies, think dimes...
Longs hold your shares. We get there very soon..
I do think its possible...
But its not a sell point....
Momentum players probably jump in here this week. Not a good thing for long term holders but it's the game they play.
If we stay green for a few days here we will be on every traders radar. I personally don't want on every traders radar. That creates a whole new flipper base in one sense but it WILL take the stock to a new technical level between $0.01 and $0.04.
That's the nature of the struggle to get to a much higher price.
Keeping the shares locked up is a great attribute towards a higher PPS without the churn common in small cap stocks. Holdem tight. Let's go for three cents and better this week.. New eyes are on this and more are on the way from technical strength.
Great post Bob. An absolute library for DD.
But there is more if you need it. But for penny stock what is here is more spinach than Popeye can eat.
Remember if you buy people put it up for a few months and watch.. The setup here is once in a lifetime to launch. My first sell target for 25% is $0.10 . The rest is a year out to even think about selling.
Thanks MMM.
I'm not in too deep. I just don't trade overinflated stocks in this market. Fido account is now in bonds only.. If IGEX fell in the ocean tomorrow it will not affect my wife and my future.
My option account is doing OK and has been for the last 5 years. That is my passion but not a golden calf.
We are cool, but very optimistic on this investment and have been in this starting it in April. Yes I've avg'd down to well below Fridays close. And did get 8M more this week avg 14.
I think a lot of the float is tied up here and if patient these will be a very good investment.
Still wanting to learn FX but who needs to try to trade 24 hours a day.. We will see.
If you back up, study, read, you will see who owns what and what is set aside for PR.
Not sure this week but soon.
At about .10 there will be 30M shares going to be used for promotion. I don't think it will be used before that mark. That will be the real catalyst upward.
This is the only stock I own beside my Fidelity retirement account. I trade option spreads for income and hobby fun.
After I got into looking at FX trading I ran into IGEX. Where John is starting this company is absolute amazing potential.. That is why I'm here. I've talked to him 3 times. Never been shot a pile of fluff. Always when we get certain milestones accomplished certain thing will happen... We are getting very close. To not have this will be horrible when the cash flow positive news breaks.
Proof that the bear raid was just a shake loose of weak holders and flippers. But opportunity for many here that put those gypsy shares in stronger hands.
So the benefit now to the stock price will be less flippage. We will move up maybe on less volume but the gains will hold because of less churn.
Plan your sell target now, not in the dizzy flow of trading days. I look to sell about 25% at near $ 0.10 and not before.
If we hold we will get to several pennies soon.. If you need to sell some, sell your cost basis and keep the rest of the stock is my advice after we go penny +. Your account balance will look just as pretty every night and you will know what you have without having to hunt. 98% of penny stocks will never give you the potential for good gains as you have right here! right now.
The float is thin... Thanks to the flippers getting ran out by the bear raid. There will be some selling as it is still people that are not patient or over committed in the stock. Either way if the holders here put in your head this will be well over a few pennies and hold we will get there maybe next news break. If not then what is a few months for further progression into revenue development.
Hold this, not flip it and you will be a part of an exciting and prosperous event.
My account on this is up over $8k @closing price today. I'm thinking of where it will be at a nickel, then a dime.
I'm not selling anywhere down here...
I was rear ended two years back. Had $90k surgery, totaled car, lost some use of an arm and hand and have 4 cervical neck fusions with hardware, cages and 8 screws. The lawyer has got me a settlement worked out with other guys ins co.... But guess what. I think there is more to be made here in this stock in the next year than this ins crap for what it done to me.. Everyone here has the chance to got some wealth but you have to manage what you got.... Be long ... We are early but at the bottom.
Pennies are in the near term....
Timing for news next week is spot on.
John stated news end of Q2, and any filings all will be fodder for a strong week.
Copper pennies will be soon, Then the little silver dime after a few full moons.
Only thing between now and then is 47 million idiot bear posts.
I'm gonna sell about 25% of mine near $0.10 . Not here ..no way.
Trading channel upper band line is .008 . Obtainable Monday .
Keep them tight ... No sells ....
News should be next week... John was previously expecting to be cash flow positive at the end of Q2.
If that's happens the rebound will be immediate and we will trade to new yearly highs.
Yes, four cents WILL NOT stop the rush into this stock.
But you need to hold... My reason for posting I'm long... Very long.
Flippers are keeping this down horribly.
Quads, Four brown pennies in a few weeks.
Trips...... Three brown pennies. You mean... You're right.
It's front running news... If there is shorts they better be scared. We control probably 150M long shares in this room..
Park them people... We will see pennies very soon.
'Bout to scoot on up for imminent news.
Not a pumper here but a long. Been long here for months.
If you are a seller down here you are acting like an idiot..
If we get near term cash flow positive news this is back at THREE round brown pennies and will be trading HUNDREDS of millions of shares per day. Is that next week. Very possible.
Running up on pre- news it seems.
Next week let the flippers chase. Maybe the three cents again then. Flippers trade for lunch money
A good position here can be sold in the future for will over real pennies people. Just hold. John has not bullcrapped us and owns 200M shares and is building a company the will be back to near $1.00 old highs.
Put you a few million under the pillow and HOLD the dang things. You will not get rich tomorrow but don't under estimate what an early investment can produce in time..
I had 2000 CPQ from the late 1970s at less than $3. That one buy made good changes in my families life.
Right in my view trunk..
Also this; Who as a long has "lost" the most money in dollar value the last few days in this orchestrated bear raid?
Answer, John OShea. He owns 200M shares.
Who has not Sold a share of his holding? Answer, John OShea
Who runs this company? Answer, John OShea.
Who thinks this stock in time will reach the highs of 2013 under new business model about $0.80 ?
Answer, John OShea.
Be long, be patient. Quit trading this stock. It will be a great asset but we are early right now and will have a dynamic move some day soon.
Should move up soon but do not sell. This is one of very few OTC stocks that has a real growth potential. John has 200M shares and does have a target goal for this company.
The company will never be the ETrade of Indonesia but will be a facilitator of and trainer for entry FX traders, especially those with limited capital.
A very liquid trader is not going to trade with leveraged money to give IGEX 30% of profit on the trade but the entry trader will. The algorithmic trading parameters also would limit traders with capital but are necessary to keep the entry trader out of trouble.
The alliance with the KINA's and other trading and FX group contras is going to be a subsidized opportunity for IGEX. That is revenue. That will be the cash flow positive news I expect to hear sometime soon.
I'm long... Going to stay that way. John has a target before he sells shares or the company as a whole. Right now is not the time to think of selling this. Steal these this low and set on them. At close to a dime you will have serious decisions to make. How much to sell and how much to keep.
98% of OTCs are trash, hope, or scam. Here you have a real business plan that literally has no competition for the entry trader to learn and trade real money in a controlled environment.
My opinion but in time this stock will be $0.50 .
Bears stole the last of the weak flippers shares. Lock these up longs, hold them tight, give them time. John has been very straight as has a lot to gain here by keeping the course. You may get rich here but it's not going to be today or tomorrow. Holdem and wait. It will come.
Trips are near guys...... Ugh for the bears .... Because it will be three pennies..
Il take 500k at 11 if you throw some please.
The stock is sold out, not that I have sold out. I'm still on that .oo11 bid now. Will give me 3m more today. They are not for sale near here.
Has not traded in 40 minutes.. Sold out .
Bears have all the weak shares now.
I still have a partial fill at .0011 if somebody will pitch some in.. Got filled 1.5 on 2m order. I need to run on today. Look at this next week.
Great. Reopen. At two pennies.
I got two more. Added to 13 holding.
John throws out "cash flow positive news" this little zillion share stock in these liars eyes will be a nickel heading higher..
When, maybe not this week but it is in our future as a long.
You can buy these back for a dime within a year if you were chased out in this raid.
Anybody that sold via this bear raid is an absolute idiot. But thanks for some shares anyway.
That "T" trade last night was a hand off, one MM to another. It was simply here is my inventory and at the price intraday they picked it up...
Argue all you want to about this.. It happens all the time.
Fake out, shake out, before the break out.. The old saying goes.