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I was just thinking the same thing yesterday.
INXR seemed rather unfazed by the big boards selloff.
I dig it.
I agree. Good luck to us.
FWIW, I don't believe that Shakerzzz is totally out. That just my own opinion, based on my observations. He even posted on NVMG today.
I thought your post was perfectly clear the first time.
Great, now I have to wear on my conscience that my posts incite the consumption of more natural resources. :-o
Just be sure to recycle.
GLTU.
Scottrade has not agreed to do anything with iFinix.
No mention of Scottrade has ever been made by iFinix.
The trading platform iFinix provides will potentially be linked to specific brokers that iFinix does deals with. Think less like Quotetracker (which supplies no data feed of its own), and more like trading platforms that you might get when you sign up with the big brokers like Ameritrade and Etrade. Actually, Ameritrade now gives you Quotetracker as a trading platform. But other than Ameritrade, Quotetracker has no obligation to any other broker/dealer to maintain connectivity to them by providing or updating scripts as interfaces to all of these broker/dealer's websites.
Imagine a smaller broker, or several smaller brokers tied together, who do not yet have an internet trading platform or even an internet presence. There are many smaller broker/dealers that take trades from a limited clientelle by phone. If those brokers would like to make available to their clients the ability to place their trades online, they would either have to spend serious $ to acquire and set up a real time data feed, and develop a complete website like Ameritrade or Scottrade has with java/javascript that allows trade executions, portfolio management, L2 quotes, etc.... Or they might consider cutting a deal with iFinix to use their trading platform specifically. Without some kind of internet trading presence, none of these smaller broker/dealers can compete with the big boys. Deals with iFinix potentially could make them players, helping to level the playing field, and giving us more choices than just the big discount brokers that like to take microcap traders for a ride. If a smaller broker/dealer currently lacking a good trading platform/data feed provision can cater specifically to the needs of the microcap/nanocap traders like us, and iFinix can fill that gap for them, then that would be panacea, IMO.
There are some lesser known brokers like Penson, Interactive Brokers, Prodigy, OC Securities, etc., out there. I don't know what they all use for trading platforms, or how/if they provide real time data to their clients. But perhaps iFinix might even have something to offer those brokers too.
My point is, from my understanding, there will not be a giant list of brokers like Quotetracker whereby Quotetracker has no specific affiliation with all of those brokers. I believe iFinix will seek to become what Quotetracker is to Ameritrade, but perhaps without such exclusivity like Quotetracker/Ameritrade. This lack of exclusivity might allow for the possibility of having *multiple specific affiliations* with several brokers with a single platform for trade execution, should those brokers agree to be "banded together."
Some brokers may agree to deliver iFinix's products to their clients without such "banding together" with other brokers, and some might agree to being part of one or many "clusters" of brokers and gain some economy of scale.
Do you see the difference? Not trying to be redundant, but Quotetracker is blindly scripting front-end shims for all brokers except Ameritrade. If Ameritrade changes its websites and the way that trades are executed on their websites, then Quotetracker is immediately responsible to make the necessary changes to their Ameritrade scripts to ensure continuous functionality with Ameritrade. In theory, any other broker/dealers for which Quotetracker has scripts written would have to take a lower priority on Quotetracker's support list should they decide to make changes to their websites at the same time as Ameritrade. On the other hand, iFinix is seeking to establish specific relationships with brokers (or groups of brokers) to deliver a path to internet trading presence, or for those brokers that already have an internet trading presence, perhaps iFinix's products would be suited to replace a weaker trading platform that such a broker/dealer might have currently. To my knowledge, iFinix is not going to try to maintain scripts to 100 different disparate brokers like Quotetracker.
That is my understanding of the picture at this time. I could be wrong, and things could very well change at a moment's notice. Sure, it would be *wonderful* if iFinix was to land a huge broker like Scottrade. But I'd say that's pure speculation at this time. Still, I think given that so many people are tied to so many lousy brokers like Ameritrade, ETrade, Scottrade, Schwab, etc., that there's a huge untapped market here and plenty of room for other brokers to join the fray, and plenty of opportunity for iFinix to capitalize on that for additional revenue streams.
All IMO, LONG for LONG on INXR. I encourage others to think for themselves, and make up your own minds.
I think we got HILL today.
Thanks In2lite.
Always nice to know my efforts are appreciated.
Willie Wonka Golden Ticket
I love it.
Indeed, Jackg.
I might take you up on that bagel, and switch out the Windmill dog for a Windmill cheeseburger if I may.... Can't remember the last time I was there... so it must have been a good night.
Well said, Big Mur. Fundamental.
Fair summary indeed, TS.
See my last post for the Viennese table of deserts.
Afterthoughts.... SteelTrader, you hit the nail right on the head.
I knew when I was writing that, especially after talking to that guy today in the chat room, that all of these issues are things that are very common indeed. Think about how many other people are like you and I, sitting there thinking that we're the only ones with those problems. Because of my vast experience as computer professional, I know the ins and outs of computer use. I build all of my own machines, and I've seen my OS/application builds distributed to *thousands* of corporate desktops in financial institutions. I know that if I can't solve those stability problems, then nobody can, and that means those problems are pervasive.
There are many people out there who don't think outside their own box. They say, "I have L2 with XXX broker. Why does *anyone* need such a seperate service?" And still, the fact remains, by my estimates, 2/3 of penny traders out there have experienced some or all of the issues I outlined. Furthermore, unless you trade from a cave, you've heard plenty of horror stories from others.
Yes, INXR's timing couldn't be better.
The one thing that I should say is that software development that aggregates in many disparate data feeds, brokers, user features and desires, and also has all of the trappings (pun intended for those in the know) of bug-identification, version control, support structures, help files...... all of these things do take significant time and effort.
It will not happen overnight. The "Me More Now" flipper crowd will not be suited for this kind of play, unless they're happy with $ for tulip bulbs in their gardens. It will slowly develop, pieces will be added as resources, time, and priority allows. There are so many incremental pieces to this very large puzzle that will play out over many months. There will be much excitement as each piece finds its place in the puzzle. Slowly, different people at different times will realize the picture the puzzle creates, and more and more people over time will realize the value of that picture. TradeSwapper has mentioned this many times, so I'll try not to be redundant.
Metaphorically speaking, you're getting in on the 10th floor lobby of a 120 floor skyscraper. The foundation is well-layed, the plans for the other stories are architected, and there are already enough tenants to fill the building, ready to rent space. The point of my post was to illucidate the FACT that there are indeed many tenants who are currently working in buildings run by slumlords, who need a better work environment. Some of the floors in INXR's new building are merely shells (plans), other floors are nearing completion (deals in the making), and some are ready to move in (product/service).
The one thing that any software development company desires most, public or private, aside from general success, is that their users (coincidentally us, as shareholders) have a bit of understanding that code development and systems integration is very complicated. If you rush it, you get crappy code and unreliable connectivity. What I'm trying to say is, out the gate, don't expect INXR's products to be as refined in every single way as some of their competitors products. *DO* expect out the gate that there will be some feature sets and/or alliances with third parties that you will not find on any of their competitors' products. Some of these feature sets will be very exciting, and while the company continues to grow both their products and their service offerings, there will be many who will accept certain weaknesses while certain strengths will be completely invaluable and necessary. Even the best software packages and services that have been around for years are not all things for all people. As I alluded to in my prior post, some people are willing to pay $120 a month for that ONE feature out of dozens of features that they don't find useful. Revenue and value can be found in many ways. Keep in mind that if INXR hooks up with a broker that does fast executions and no hassles, and you personally already have a broker that does fast executions and no hassles, that there is still huge profit potential, because everyone is not you. Think outside the box.
INXR is a growing company. We will see it grow, and we will see PPS grow accordingly. Most of all, we will be totally psyched to try on something new from a company that is committed to catering to our fickle selves as best as they can.
I know I'm psyched.
All IMO, LONG for LONG on INXR.
Now go figure it out for yourselves.
No problem luckytrade.
Good luck to you.
We're gonna make some coin here if you have the 'nads.
THERE WILL BE NO SHARE COUNTING
Please read the following:
http://www.investorshub.com/boards/read_msg.asp?message_id=16874274
How Valuable is INXR?
Today I spent the day in a stock trading chat room that I participate in once in a while. Every day I spend in that room, at least 5 people complain that they're not getting accurate L2 information, even though they may be paying extra for L2 service.
I have both Microcaptrade L2, and Alphatrade L2.
Microcaptrade charges me $119 a month, and Alphatrade about $60 a month. That's $180 a month.... for what? L2???
Just because Ameritrade doesn't do L2 for pinks?
You got it.
You may ask, why oh why do you have both?
Because, while each of them have their pluses and minuses, ultimately both of them SUCK. In a five day period, I can guarantee that I'll experience 4-5+ problems between the two of them. Freezing L2's happens frequently. MM's missing from L2's happens frequently. MM's getting stuck at the top of the bid or ask, happens frequently. How frequently? Frequently enough that I have to have both of these crappy services so I can constantly compare them to see how accurate they are. Nothing takes you out further of the zone than when you have issues like this with your trading tools. Not to mention the screen "real-estate" that having 2 L2's for every issue can consume.
Microcaptrade is nice because it has a nice scanner/screener. It has the MM Activity log that I like, and makes available the entire day's time and sales regardless of what time of day I bring up a stock. The new charting feature they've added is OK, but something that I'll never personally use. They do leave most of the MM's up at the end of the day, at the last prices posted before 16:10, which is nice. I do like their news feed. However, Microcaptrade SUCKS because it freezes, their servers go down during the day, MM's get stuck, fail to update, simply don't display, often get reset randomly, doesn't display the high/low of day, nor volume accurately, and doesn't print T&S past 16:10. It doesn't give you 10-day avg volume. Any kind of network interruption will cause you to have to log in and bring up all of your windows again, no matter how many you had open, no matter how carefully you placed them on the screen. It costs $120, it has all of these problems, and tech support calls you back 1 in 5 times you call. Only when you scream bloody murder about their failure to address your issues to they attempt to call you back. I've called them so many times their tech support knows me by voice. And lately, I've just given up calling them, and when they have issues, I use Alphatrade.
Alphatrade, on the other hand, has no screener, no MM activity log, posts MM's in reverse order by time (which makes no sense), shoves advertisements in your face when starting up, only gives you the most latest T&S print with no way to bring up the rest of the day's prints. MM times and positions are less well represented after market close than Microcaptrade. Alphatrade does give you afterhours prints that Microcaptrade doesn't show. Alphatrade does give you the 10-day avg. volume, and many other bells and whistles like charting and portfolio management.... none of which I use however. Really, I just want a good stable L2 and news service. Alphatrade deals better with recovery network service interruptions than Microcaptrade. Alphatrade SUCKS because it too will freeze randomly and/or skip T&S prints. It costs $60, and I still can't get a guarantee that the L2 I'm looking at contains accurate information. What good is it???
Actually a better question is, what good is one without the other?
Both of these services are Java-based. They require a browser, like IE or Firefox. I have to step through 2-3 browser windows to supply my username and password, then get a seconary screen and start the java-based main menu. I find IE works better for Microcaptrade, and I find Firefox works better for Alphatrade. Both can be slow to start up and sluggish in their performance. The performance of java-based applications is largely tied to the version of java virtual machine (JVM) installed on your machine.
Have you ever had a program steal the focus of the last browser window you used? Have you ever been using, say, Alphatrade, and Paltalk... and you click on a link in Paltalk, and then next thing you know, your L2's are gone, replaced by that link from Paltalk that opens up and steals your browser? Have you ever had IE crash on you because you viewed a bad page, and it took your L2's down with the crash? Have you ever opened multiple instances of IE, loaded L2's in one instance, and some other sites in another, and then one of your IE instances needs to be killed for some reason, and you have to play the pot-luck guessing game as to which IEXPLORE.EXE is running L2's and which one contains the page that hung IE that needs to be killed? These are all of the caveats of browser-based/java-based tools. They are VERY real problems, and can be very distracting during a trading day. You end up fighting with the tools, instead of using the tools. Minimally, if everything goes as well as can be currently expected with the way these tools behave, you continually have to wonder whether you can trust what you're seeing.
Both of these L2 providers will argue the value in being able to go to any machine and use their service, because all you need is a browser.... Well, which browser, I ask? If I can't guarantee compatibility and proper functionality on any machine because of ties to specific java versions, is such flexibility something I can count on? After all, if I go to my friends house, and use his machine, he may very well have a need for a specific java version for another program that is critical for him. I can't very well just upgrade his java just so I can use what I need to use, because then his machine will be hosed for his use. These incompatibilities ultimately negate the value of the proposed idea that you can just go to any machine and use their service.... because you really can't.
If I may go a step further, and beg the question, is go-anywhere functionality something that is really critical? Critical enough to give up stability? How many traders really use anything but their own desktop-based trading machines, or their own laptops? Most traders have all of their tools installed and set up on one or two machines, and that's it. They don't float all over the globe using other people's machines for a serious all day trading session. So there's no real value in the go-anywhere "feature." It's quite the rouse, and therefore, tools that are so critical don't get the attention they need from the companies that develop them.
Now, think about this. Alphatrade is rapidly becoming a dinosaur. They've been around for a long time, and I don't see any new features being added. If you have a suggestion for a groovy new feature, I doubt you'll get anyone to listen at Alphatrade, much less commit to working on including it in future releases. They make no special commitment to microcap/nanocap traders. Microcaptrade, on the other hand, is actively working on their products, but continues to have the same stability issues they've had for over the 8 months that I've had their service. If they put as much time into stabilizing their platform as they do adding mostly useless (to me) new features, it might be worth the $120 I pay every month. Furthermore, their service cannot be used for NASDAQ stocks, and only works for OTC (Pinks) and OTCBB issues.
I could go on and on about this stuff. Many of these issues... discovering that some browsers work better than others, etc.... I've discovered them and worked through them because I'm a computer professional with almost 25 years experience in the field. This is not the kind of expertise that a trader should require, EVER.
What we need:
We need a stable, DLL-based, non-java-based tool, that provides accurate data feeds for L2 and news, is customizable, capable of providing L2 for Pinks/OTCBB as well as big board stocks. I want a program that logs me in quick, saves my password, and restores my settings exactly the way I like them. We need a company that is responsive to their users needs and desires, and provides good support. This is exactly where INXR is headed, and this functionality is only the tip of the iceberg of what is to come from INXR. None of what I've mentioned addresses foreign exchanges, trading platforms and trade executions, portfolio management, alerts and triggered trades, etc.
Am I eccentric in having both Microcaptrade and Alphatrade? I have met my share of people who are exactly like me. Who have both for the same reasons I have both. Because they both SUCK.
Now, I ask you all. Are we ready for iFinix RealTime yet? Is there room in this market for another player? Hell yeah! What's the potential? Well, I've turned about 15 people onto trading pennies in the past year. I've told every one of them that they MUST have L2 for Pink Sheets if they expect to be successful. To my horror, I've had little choice but to recommend either Microcaptrade, or Alphatrade. Many of these people already have Ameritrade or Etrade accounts that don't supply Pink Sheet L2's.
That's 15 people to whom I've recommended L2 service.
Today, I met someone in that chat room, we shared our tales of woe surrounding Microcaptrade and Alphatrade that we both have. And then I mentioned INXR. And he said, "Oh, what's that????" And I proceeded to tell him about what INXR has cooking. You can bet your asses he'll be buying tomorrow.
Tip of the iceberg, my friends.
Hold your shares. This is going to get good. Far beyond merely the value of your shares is a company that will be working their butts off to show Microcaptrade and Alphatrade how it's really done. I think they'll have something to show all of us, and perhaps one day really soon we'll be able to trust some of the most critical tools a trader can own.
All IMO, LONG for LONG on INXR.
Make up your own minds, and follow your own path.
What's going on with HMGP is I sit on the sidelines and cry, while many others here get ready to buy new houses to go with their tulip gardens.
I'll be damned if I sit on the sidelines again on another life-changing play with huge potential like that.
That's why I'm here in NVMG, and also in INXR.
Perhaps that's why you're here too.
Ground floor, going UP!
If Shakerzzz and crew are not still holding NVMG, then perhaps we might have some insight into who the impatient shortsighted bidwhackers were today. Weak hand shares -> strong hands.
All IMO, Long on NVMG, make up your own damn minds.
Somewhere along the line I actually picked up some shares at .0021. My first 10 bagger, actually.... And it wasn't that long ago.... though I've been holding various quantities of NVMG for months now.
PLENTY more room in NVMG. It's just getting started, and the chart and crew are top notch. We're all going to have a nice, long, happy ride, IMO.
All IMO of course, LONG on NVMG, make up your own minds.
For a good read, see my post on NVMG board.
http://www.investorshub.com/boards/read_msg.asp?message_id=17407435
Cheers Adventurers.
NVMG Chart is VERY MUCH still intact.
I don't post my charts, because some of my indicators/methods are proprietary, and I don't like to strip them down for anyone. Not to mention that I find the posting of annotated charts to be highly manipulative.
But I will say the following about the daily chart.
The CMF(14) just went positive today for the first time in months. Great $ flow, a few people are waking up, and today was a great chance for everyone to get on board who has been sitting on the sidelines. Looks like many saw the opportunity, and capitalized on it. And Longs showed their resolve and support to the newly initiated. Smart, I'd say. BULLISH.
The +DMI(14) is still at or above the ADX(14), and the -DMI(14) is nowhere in the vicinity. BULLISH.
The RSI(14) is at 75.21. Still in the PowerZone. BULLISH.
The CCI(14) is at +107.91. Still above the +100 line. Even if it dipped further tomorrow, and then bounced up Wednesday off the zero line, it would be a perfect setup for another big run from here. BULLISH.
I really don't use MACD, but it's as green as the day the cat was let out of the bag. And the 3 day MACD is still ascending *sharply*. BULLISH as can be.
We're riding the 5MA like a true champion stock.
I don't consider the long wick from Friday to be of much consequence. It would have been a shorter wick and a taller body if it wasn't for the timing of the typical Friday day-trader selloff. And today's action was just typical consolidation from Thursday and Friday's action. Maybe one more day of consolidation, or maybe not. But the next big move this sucker makes should put smiles on everyone's faces.
Finally, welcome to all of Chartinator's adventurers. You all picked a great one. Hang tough, and learn from the great crew that we already have here on this board. Lowman, Brikk, and many others have shared so much already. Check out the DD, read my comments on the L2, observe the short position #'s, etc....
This ain't no flipper play, and while some might do well flipping it for tulip $ for their wives's flower garden, if you want the real reward, you'll see past the need to freak out over every tick on the tape if you want to buy the new house to go with your tulip gardens.
All IMO, Long on NVMG. I encourage everyone to follow their own path.
Sweet, thanks Landshark.
Strength derived from adversity.
Bounced perfectly off of 5 day MA.
One thing's for sure that we know.
The past 3 times it bounced off of the 5MA, we saw a really nice move up in the following 2 days.
And actually, like I said before... To me, this only means that when we get our news, there probably won't be a mass selloff.
All IMO, LONG on NVMG, follow your own path.
14M in afterhours prints.
Can whoever it is that was getting the buyins.net reports please check in with a new short position report?
We saw a lot of shorting today, and not a lot of covering (some, but not a lot).
I'm seriously beginning to think that these AH prints have something to do with an ever growing # of shorts.
Sure, there were some real sellers/whackers today (I like to call them fools), but it seems obvious to me that NITE took well advantage of it by shorting further.
All IMO, Long on NVMG, make up your own mind about things.
This is actually kind of good now.
The way this traded today, when we get news, we shouldn't see a selloff.
Lots of stronger hands and an even bigger short position.
Love it.
Sell more here, suckers...
If ya can't see the big picture, you better get some glasses.
LOL. DOMS... a day late and $ short.
BOOM, what did I tell ya. NITE moves to top of BID now to cover with size 10000.
What a surprise. NOT.
Seen this game played again and again.
I wouldn't be surprised to see him try to buy back far more than he just sold.
VFIN on BID. Not everyday you see that.
Hope people realize what a potentially huge positive sign that is.
Also, again, for all the newbies.
NITE is incredibly short on NVMG.
When you see him on the ASK with 10000 size, it's fake.
If he sells you anything, more than likely he's digging himself a bigger short hole.
He's trying to get you to join him so he can create selling pressure in an attempt to cover. Don't feed into his BS.
And if you see him there by himself, and you hit him on the ASK even slightly hard, he'll run away, and you'll see what I mean.
You'll also probably see him jump to the top of the bid the second he moves off the ask, as he realizes he better cover ASAP.
Also, ABLE looks to be short as well.
Don't feed the shorts.
All IMO, long on NVMG. Think for yourselves.
With each iteration of run and consolidate, I'm noticing that each run requires approx. half the volume of the previous run of the same distance.
So no, it's not about trying to move 1.5 billion shares.
It's *far* less.
EyesWide, Great post!
VNDM @ .0195 on BID with 25K block?
Anyone catch that? It was only there for about 10 seconds or so.
OK, NITE & ABLE back to covering.
And after covering some, I think NITE's still shorting further, trying to play into the Friday selloff.
If everyone stays in front of them on the bid, pick up the cheapies that the fools sell, then our shorty MM friends will have to join in and hit the ask too.
Most of all, with Ameritrade locking out Hemi players, this would seem to be the next best thing.
Free shares are magical, but nothing says you have to get your free shares at a double.....
"Slow and steady, drink a lot, don't get freaked out."
All IMO, I'm long on NVMG, and I encourage everyone to think for themselves.
.0018's took 6 partials and 20 minutes to fill.
Selling looks to be drying up.
The .0017's are going to the MM's.
Go figure.
YES! Got more .0018's.
A bargain at any price down here.
It's investor interest that makes a short squeeze work.
The short covering just adds to the buying pressure.
From those like myself and Lowman that have been watching the L2 on this for *months*, there is no question that this is indeed a short squeeze.
True to form, smack NITE and see him run.
Run NITE RUN.
Next leg, all aboard!
More NITE scare tactics. Don't be fooled. Small partial fills, giant size on ask, no real substance.... Never learns his lesson.
Run NITE RUN.
Now it's ABLE's turn to try to cover.
NITE and ABLE will get nowhere unless we let them.
PPPffff. Wall, what wall? LOL
I think we're seeing NITE cover some now.
Awesome.