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Hello Boston & welcome.
As a LA native and Laker fan I must say I am rooting for the Celtics to defeat the Heat so good luck.
Regarding IWEB I believe your assessment is correct that the company is at an important inflection point in its development and the next few quarters results will be key.
Current price is an excellent entry point and pps could double in one day with the right catalyst (of which there are many possibilities).
GLTY.
Used to have an old logo.
Now we have a new one.
Thanks so much for the informative post!
I day-traded for a living for 6+ years and made a fairly significant amount of $.
I have made much, much more from investing.
Traders make small change(unless they manage a fund) whereas investors make the big $.
I trade for fun & small profits, but I invest for wealth accumulation.
Good luck with your trading!
Focusing on the weekly fluctuation of the pps is only necessary for those who have a very short time frame for thier investment.
Thanks for your insight however.
The PPS Speaks for itself?
How high does the PPS need to go before you would be satisfied as a "trader" of IWEB shares?
Agreed 100%.
Speculation is all about seeing the forest through the trees.
In this case, the signals (both subtle & obvious) pointing toward success have never been stronger for IWEB.
Thanks for putting all this toghether in such a way that even the naysayers will have no response!
"We're certain that this IceWEB order will trend forward with ADDITIONAL IMPLEMENTATIONS FOR THIS and many more of DataSpan's Fortune 1000 CUSTOMER(s)."
Thanks bucky.
Looks like a significant development to me.
I would love to hear the naysayers take on this?
Me too!
I particularly love all the assumptions of doom and gloom.
Booooooooooo......, there are ghosts, goblins, and ghools in every IWEB closet!
I plan to personally thank his family for John's vision. They should be proud that his hard work has positively impacted the lives of so maby others.
Thanks to his vision, my familys future will be brighter and even more financially secure.
From all who have profited from John's hard work, he is owed a debt of gratitude.
"For God did not give us a spirit of fear and timidity, but of strength and love"
Sig. clearly lived his life without fear.
Rest in Peace Mr. Signorello.
WOW! Look at that volume spike on the weekly chart!
What a thing of beauty!
We are headed much higher in the not to distant future.
Take it to the bank.
That's great but you did not answer any of the questions I presented.
As an outspoken skeptic of this company however, I thought many on this board would be interested in hearing you thoughts on IWEB's growth prospects as opposed to your past experiences with other equities.
I appreciate of course that you are not obligated to answer any questions posed and appear unwilling.
Since we are supposed to discuss the stock how about we discuss the stock?
* What is your analysis of the revenue growth prospects for the company going forward?
* Do you believe $400K per month marks a plateau for revenue?
* Do you believe the company's revenue will stay stuck at $400K per month for the foreseeable future?
* Do you perceive the company's sales to be on a trajectory of growth or decline?
Here is what I think:
* Discussions of the past can only be made in context with current trajectory of growth.
* $400K is clearly not the plateau but a sign of a trajectory of revenue growth vs. decline.
* The revenue of the company has shown a growth trend in recent quarters that shows a trajectory of revenue growth vs. decline.
I would love to hear your thoughts!
Highest weekly volume ever for IWEB!
The only reasonable explanation is that this is clearly a pump & dump scam being perpetrated on lemmings foolish enough to purchase shares in this scam company.
SG, thanks for pointing this out.
Clearly the stock is trading lower now than merger announcement because the company is weak and pathetic.
IceWEB Wins DataCentre Storage Hardware Product of the Year Award
Not bad for a pump & dump scam company!
PS: The enormous ten-fold gains I’m forecasting in IWEB shares could trigger in a matter of weeks.
I'm with Toby!
bucky, I think this stock is headed for $2 - $4.
But, hey what does little old me know?
Second time ever stock has traded over 10 Million shares in one week.
Clearly this is a pump & dump scam being perpetrated on the lemmings foolish enough to purchase stock in this scam company.
I advise all to sell now or risk making a profit.
Sirius Satellite Radio traded from under .25c to over $9.00 at one point several years ago.
Purchasing at .25c and selling at $9.00 could have brought a lifetime of wealth (dependent upon your initial investment size.
Perhaps they did? This is still a minor legal matter IMO.
Just wondering what your point is in bringing it up?
Since we are only supposed to talk about the stock, Im sure many on this board would like to know why exactly you think this is relevant?
Is your intent to insinuate that this legal matter makes IWEB a corrupt and sleazy operation that is not to be trusted?
Thanks in advance for your comments.
I was not stating this particular action was frivolous only that it was minor and not requiring of a public pronouncement from the company other than what they disclosed.
I went to law school btw but am not a practicing atty.
If WTN had reason to think they could hold IWEB hostage over this issue they would have..
Clearly there was not much substance to this matter.
I am a business owner who has been sued / threatened by a number of money grubbing scam artist's.
Companies are threatened with unscrupulous legal action every day.
Why on earth would any company publicly pronounce every time frivolous legal action is threatened.
The company disclosed this information in the appropriate legal manner.
GLTY.
And smart traders will buy the stock when it is low and sell when it is higher.
Thats how money is made in the market.
Who really cares if it is a paid pump or not?
If a paid pump increases the share price and awareness of the company while helping traders make a few bucks I say bring it on.
Today the stock broke out of a 2+ year downtrend.
FWIW.
"I believe longs are starting to see stars again..."?
If you are referring to the pps appreciating then I suppose I 'see stars again'.
ROTFLMAO!
Close above 200day averages appears likely.
I'm placing my bets on this:
"In my opinion we will shortly see more tier-one names bring exceptionally large orders for (IWEB)'s breakthrough product line. If I am right in my analysis just the name of one (and I believe there are more than one) of these premier players who have mammoth data storage needs that are beta testing (IWEB)'s products would ignite a buying frenzy in the shares."
I'm excited about the 'early success indicators'.
GLTA.
Highest Daily Volume in over 2 years.
Last time above 3 Million shares was 4-28-10.
Volume is the single best trading indicator.
Accumulation or Distribution?
What say you ladies and gentlemen?
GLTA.
Interesting?
With all the volume you would think it would be difficult to pick up shares on the bid however I just got 100K at .146 / 147 with no problem?
A close below .15 keeps stock from registering a buy signal for many traders.
Nice! Beanie babies are really cute.
On a serious note, this is the best accumulation in a very long time. Nice solid buying volume since earnings.
GL.
PPS is pinned range bound .11 - .15.
Major indices are technically very weak.
Europe is a complete disaster.
IWEB is poised to trade outside the market trend but not without a significant catalyst.
OK, how about this one(...just one!):
"We do expect to see an increase in top line quarter over quarter and anticipate that trend continuing through the end of the calendar year."
http://finance.yahoo.com/news/Demand-IceWEB-Products-Surges-iw-2488671288.html?x=0
I suppose we will just have to wait and see how it all plays out wont we?
Not unlike life itself.
What does this mean?
"These relatively modest investments in Q2 drove immediate return, with a 49% increase in topline revenues over the prior quarter which we expect to continue."
He is clearly saying he expects Q3 topline revenues to increase over Q2.
The question is, will they increase 49%?
"...a 49% INCREASE in topline revenues over the prior quarter WHICH WE EXPECT TO CONTINUE."
A 49% increase over Q2 would be $1.7Mil.
Looks good to me!
Nice volume!
MM's disguising the action and clearly have shares available.
Reversal confirmed IMO.
"I will simply say, we are in play"
Is your team still 'in play'?
Some of the action you are witnessing today is in fact me adding to my position.
I was hoping you would get the pps down to sub .10c but I'm losing faith in your 'team'.
Technical analysis is not an exact science. Many times indicators will suggest a potential change in trend that does not materialize. That is why I placed a ? after Reversal? Confirmation is required. A good press release would do the trick. GLTY.