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Reversal?
Hourly chart showing bullish divergences on a number of indicators.
The company is making their play.
They may fail as you suggest or they may succeed?
As an investor, you are taking a risk any time your capital is in play.
Based on 'early success indicators' I plan to hold and accumulate.
How about you?
Oh wait! I forgot you will 'never never never tell anyone on this board what your intention is'!
Wow, I can only assume from your post that you have hundred(s) of thousands of dollars to invest in IWEB not just one measly hundred thousand.
Thats great news!
Are you waiting for sub .10c prices to begin using your $500K?
Seeking your advice as I always like to follow the clear leader!
I agree 100%.
This is the time to accumulate.
I thought your team gave you authorization to pick up $100K worth of shares?
Right now you could place an order for nearly 1Million shares at .11.
What price is your team waiting for?
I added 50K shares today.
That left your team a potential 80K shares assuming you bought the rest of today's action?
I agree.
A test of long term trendline support at .11 is certainly possible without news.
I've had an order at .115 for several days hoping for a dump.
GLTA.
Your assessment is 100% correct IMO.
I am looking to add but will only do so at a great discount or on a breakout.
Not interested in adding between .14 - .16.
Thanks for the link.
IWEB clearly has a compelling and well differentiated product line and one of the only true unified platforms.
GLTA.
Thanks dog.
I changed my mind.
I was in a daze of confusion but I now see that this is in fact a positive development.
Wow, glad I didn't listen to some posters insinuation that Dale Foster let this guy go to simply to sabotage IWEB!
RFB and SG have helped me to see the light about this sham company.
I wouldn't be surprised if this guy was fired from Promark for some horrible indiscretion or dereliction of duty?
Now us poor IWEB bagholders are holding stock in a company that is so desperate to hold up the pps that they are hiring rejects.
I'm thinking about dumping my 1.2mil shares today?
SG, you are absolutely correct.
This is obviously a case of Promark letting one of its "troubled" employees go in a blatant attempt to sabotage IWEB.
I'm so glad you are here to point this out otherwise I might have been fooled into thinking this was a positive development.
Thanks again for your valuable insight!
This is very disturbing.
This is obviously a sign that IWEB is floundering with sales and is trying to keep the stock price up by distracting investors with new hires to give the appearance the company is doing well.
Does that sound about right RFB & Southern?
Your comments are appreciated by this nervous long.
Thanks.
All investing is an assumption.
"Everyone on the mgt team should simply be focused on business plan execution, not the daily fluctuations in the PPS of their stock."
Best post of the day!
Those focusing on daily pps fluctuation are not investing but rather are seeking instant gratification.
I'm anxious to add shares at this price but I'm still hoping RFB and his team can manipulate this down to .10?
My team owns over 1mil shares.
I'm counting on your team to hit the bid hard and drive this to .10 so my team can add another mil.
Keep up the good work whacking the bid!
I am always amazed at the ignorance of so many who invest their hard earned $ in the market.
Dataspan specializes in selling to Fortune 1000 companies.
Dataspan sold IWEB to an "Engineering Services Enterprise" to replace an EMC legacy system.
This press release alone should have propelled the stock to .30.
Unfortunately retail investors have no idea what they are doing when it comes to understanding the market nor do they understand their investents.
IWEB has been in an uptrend since August of 2009 and is up over 100% since that time.
GLTA.
I invest as a part of a team as well.
Me and my computer.
We follow a self modified Triple Screen / Impulse System. We trade both long and short term trends. Each of our positions are carefully documented and an analysis is performed of each trade.
While our system is the foundation for our trading, 90% of our final decisions are made on instinct.
You can use all the analysis you want to substantiate your selections, but ultimately all investing is speculation.
We are tape readers.
My team is telling me IWEB is headed much higher.
GLTA.
Wow.
A down week from overbought conditions after a sustained up-trend and we are about to have a "Blood bath"?
I can only assume you must have a very short time horizon for your investment in IWEB?
In any event, good luck to you.
Doesn't every trading day have the 'potential' to be damaging?
Just a thought.
In any event, thanks for another informative post!
We are having a serious discussion.
You clearly stated that companies that do not produce revenues fail.
I agree.
Thanks again for the informative posts!
Thanks for the informative post!
I particularly like the part about businesses failing without sustained revenue.
Really outstanding analysis.
Keep up the good work.
You should be able to do both with IWEB.
Just a suggestion.
Good for you with your "7 figures stacked".
Sounds like you came to play ball!
Thanks for the heads up.
Got my order in at .1601 for 100K shares just in case!
Thanks Prudent.
Wish I would have seen your post but I stepped away from the Market this afternoon.
I assumed MM's would block any attempt to move above .18 but it might have been interesting to put in a 100K order for .20?
Probably would have been blocked but I could have tried to sneak it in in last 5 minutes.
Maybe next week?
GLTA.
You cant be serious?
I was referring to shares.
Of course, I will have a million dollar position sooner than later.
The most I've ever made on one trade was $400K on CHTR Communications temporarily avoiding BK several years ago.
Looking forward to my first Million dollar positon.
GLTA.
Already in with a 7 figure position.
I like to have a little extra-curricular fun sometimes but not today.
How many shares are showing?
I may use a little powder to test the ask.
Away from my desk with no level 2.
Thanks.
I should have said, everyone who can appropriately vote should.
I voted for IWEB!
Easy to vote, everyone should do it.
GLTA.
Fortune 1000 Company!
If I read todays PR correctly, IWEB just beat out EMC for an enterprise level, cloud purposed, commercial sale from what is most likely a fortune 1000 company.
"IceWEB's channel partner, DataSpan, www.dataspan.com, is a Dallas, TX-based company specializing in data storage for Fortune 1000 companies for over 35 years."
Pretty impressive stuff but limmited action in the stock.
Company must continue to show real sales traction to justify any significant PPS appreciation.
Chart is set up for a pop, company needs to deliver.
GLTA.
I'm Loaded UP.
Time for liftoff!
GLTA.
Thanks bucky.
I must admit it has been tough holding my long term shares through turbulence.
As you know, patience and clarity is what separates the men from the boys when it comes to investing. I am much more fluid with my short term trading positions.
For the last 12 years I have been using my own modified version of a Triple Screen / Impulse system with fantastic results.
I would be interested to know more about your trading strategy / philosophy as you are obviously quite knowledgeable.
Good luck and thanks for all your informative posts.
Thanks for your advice, but you are sadly mistaken.
I have 1/2 million shares long at an .08 average purchased in Oct. 2009.
I am up over 100% on this position.
How many investments do you have that have appreciated 100% in the last 2 years?
I added 50K today.
Looking to add another 300K.
How about you?
I will buy 500Kshares if the price drops to .13.
How about you?
No reason for that post to have been deleted.
Very unfortunate.
Im increasing my position to 7 figures.
GLTA.
RFB, I am really impressed with your trading knowledge.
Do you have any other stock picks you recommend?
LOL.
SG,I respect your opinion as you are obviously quite knowledgable in regards to trading strategies and techniques.
What price do you see as potential downside risk at this point?