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That is funny billy! Next time why don't you respond iwth a serious answewr like; Haven't you ever heard of King Arthur?
Danny, I don't know if that is the tech they have been talking about. We can speculate all day, but we won't know a thing until the company tells us.
fu, I do agree with you. I am still convinced that if this tech was really that big, somebody, somewhere would be loading up big time. I personally am not expecting this new tech to rocket us. I actually see us falling into the .02's right after the announcement because many probably have bought soley because of the expected "huge" news.
Anyway, as long as they continue building the company and keeping dilution to a minimum, I do believe we have a huge LT success on our hands. The small ups and downs will come, but some day, the down is not going to come after one of the ups, so I too do not flip. For now, I sit here and hope D&D stick to their guns and keep growing the company the right way.
Who knows, maybe this news will blindside us and we will be the stoy of 2004. I am not holding my breath for that, but sure would not complain if it happened!
By the way, does anyone know if IBCS has ever looked into doing those slick PR's just like T Nation? Yeah, the one's that name all of the stocks that they talked about, so anyone that owns any of those stocks gets the news as if it were news for the stock?
Underhanded? Yes, but that is the TN way. Would we annoy more investors than attract by doing this? Not sure, but I sure do get annoyed by them!
That is pretty funny. Now that we all know that IBII is going to be dilutted into stock oblivion, they come out with the "we were listed on Berlin w/o our knowledge" line! It helped the first couple of stocks, but that PR is getting old!
DB, sure would like to see something happen tomorrow. I am going to be doing a little work from home and have some calls in the city that I need to do. Heck, if things pop, I can cancel the calls and never leave my computer!
Thanks DB! No, I am far from giving up, just wondering. Since I will only have to pay LT capital gains, I want as big of a gain as possible!!!!!
Thanks for the News update, but where is our tech news? Any hints on the radio today?
Thanks!
IBCS may be getting ready for the long awaited run. Getting hit with nice volume today and news about the new technology may be ready.
Thanks DB! Has to be some reason for the sudden surge and I will bet you $1 that it was not gzabitterbidder buying! Now, if it were 750 shares, maybe!
What is up? I am at work and seeing things shooting up here at IBCS! Now, this is the kind of thing I was expecting in front of a huge announcement and was quetioning where it was earlier this week. Maybe this tech is going to knock our socks off!
rope, the news was potentially very bad for IBII. I sold this AM when there was no additional information put out be the company. As I see it, if those claims are liquidated at the current price levels, IBII will experience massive dilution. When it is all over with, IBII will be clean and probably R/S to get back to a reasonable share structure. In the meantime, you will probably see a slow steady drift down w/o any further news by the company. Could be good for a bounce down the road.
Well low, thie pumnpers on RB think it was a great 8K, so let's wait and see. Hopefully they are right an dwe all make $$$$$$. Anyway, I need some sleep, because I had far too many $1 miller lites tonight and gotta be up early!
Well, Muley, $ bottles are bad when your tab is over $20! Anyway, I am just trying ot add a voice of reason and also vocing a concern or two. I am still 100% long and have not sold a share for over 1 year. Let's hope these guys get this one right!
lowdawg, I read the IBII 8K to mean that IBII has made a formal settlement with its main creditors, probably for a nice discount, so as to avoid BK for both sides. What would really be nice to know is if the IRS is one of the creditors to be named here. IF so, they will be wiping out thier debt, just as it seems Reda is ready to finally get something right! In fact, this agreement might have been a condition of getting the facotring line in place to finance the A/R.
What does it mean to us is the big question? If $1,500,000 of IBII stock is dumped on the market now, we sink to rock botom pretty fast. In addition, if those shares are all put out at these price levels, there will almost have to be an inevitable R/S at the end of the day. I look at it as all IBII shareholders are at a greater risk tonight, but future shareholders will be holding a more solid stock. If IBII has something up its sleeve to get the PPS up, the dilution will not be nearly as painful and may let IBII out w/o a R/S.
So, I think we need some good news to prop us up in the short term, then a beter understanding how quickly the trust shares are going to be liquidated. My best guess is that we will not see the dilution from this for at least a month, as the trustee starts gathering claims and weighing each one. Unless he already has the claims, which does not appear to be the case, we have some time to let this breathe and see where it goes. Probably see an early sell off in the AM and hopefully a bounce thereafter.
muley, not drinking yet, but getting ready to. My local bar has 1$ bottle night and my WHite Sox are on TV! Anyway, the way they have been setting us up for this new tech news, it is going to have to be outright impressive or else we will most likely see a short term drop. Time to get us some good tech news and a few more affiliates. Sure would like to see STL picked up by a few local AM stations!
Danny, I am just used to seeing a pick up in buying as big news approaches on other stocks. This, supposedly being revolutionary technology, should be getting IBII volume if it was close to being released. It is possible that they have kept a lid on things and blocked some of that buying from happening, knowing that they probably have a close eye on them being a stock talk show and having hinted already at the news.
Who knows? I have been here for well over a year, and don't think I would sell on the news now anyway. So, let them take their time. Once I buy my new place and get moved in, I will have some excess mad money to throw at something. Maybe we vcan get back to .02 and below and let me really load up before the news!
Yes nkad, but you would thing someone involved in any way with the tech would be wanting some shares too! I gotta run to a couple of appointments so go IBCS!
I missed Lou, but it sounds like he has some things to take care of personally. Anyway, as I sit here thinking and knowing that everyone knows that I am 100% behind IBCS, I do have a serious question. If this new tech is so big and revolutionary, why do we not appear to have any insider buying going on right now? They are either doing a great job keeping things hushed up, or we are going to be disappointed when we find out what they are talking about.
Let's hope that it is them keeping it hushed!
Investolator, it is just a way for TN to get pub. They are very good at adding companies with recent volume and volatility to their press releases(ticker included) in a way that most of the news services pick it up as news for each stock ticker. Slick huh?
BTW, there is a stock talk show that is really live for the full trading day, not just hour long interviews and you can even call into the show and talk about stocks. I do not think it is TN.
LeTSMAKEMONEY< stock has had some exciting PR's, but for now, most are wary of throwing in. During the last big volume surge, the CEO silently polluted us with a big dump that killed the rally. Now, it is hard to tell, just like so many other sub pinkies if he will do it again and if there was any truth to the pr's.
If some news hits and the CEO does not dump, ICMH still seems to move on lower volume. I still have my .006 shares that I have been holding much longer than anticipated, but still believe will eventually get .01 for them.
Shoot penny, I funded a trucking company just last year. The first funding was for just under $70K. Well, two days later, the owner of the comapny pulled up in a brand spanking new BMW M5! Needless to say, they did not last too long!
Hope IBII has longer term thinking!
Penny, what is key is that if IBII creates valid A/R, they know that they will immediately be able to use that for their cash needs. Now, the question is will they use it for the right purpose?
Art, it appears that they are a small outfit from the West. The fact that they only have one sales person listed on their internet site makes me feel that IBII may be one of their largest clients. I personally have never run into them, but I rarely do any business west of MO. We have other people covering the West Coast.
THe fact that they are small may be good for IBII. It could mean that as one of their largest clients, IBII will be given more leeway than if they were at a larger factoring company.
I also noticed that First American has an upper limit of $1,000,000. THat probably means that First American brought partner factoring companies in to share the $3,000,000 line.
Art, my real job is selling factoring lines. I know that if IBII uses the line properly, they will have the ability to finance growth and hopefully, finally get those of us invested there a nice pop!
Art, it is doubtful that IBII entering into a factoring agreement last week brought the volume. Basically, they just obtained non-traditional financing that will enable them to get immediate cashflow from generated A/R. It is far more flexible than a traditional bank line, but at a higher cost. The good news is the share structure should not be effected by the agreement. Hopefully, IBII can use this to grow w/o dilluting the investors, which a line like this is intended to do.
penny, that is what I do! Could be good for IBII and the investors, as this will give them immediate cashflow for any A/R generated. IBII will incur a higher cost of captial than if they were able to obtain traditional bank financing, but they also will not have to use stock for collateral.
Hold, if there truely is a big short position for CMKX, wouldn't it be nice for CMKX to give us some early fireworks and let the cat out of the bag with one hour to go Friday? Sure would be nice to know that the MM's would have to be in soooooo much pain for the long weekend!
Cosmo, no announcement yet. Hopefully it is lower than expected (Under 20,000,000,000) and hopefully, they can issue the true O/S statement with a clear read on if and just how much of a short positon there is.
My best guess is if the O/S numbers were huge for CMKX, we would not have even seen tonight's pr.
Hey, I have been far to busy to check in at all for the past couple of weeks. Any hints lately about this new technology?
How is everyone doing? Been too busy with work and looking for a new place to spend too much time with the stocks. Sure would be nice if GBLL and IBII decided to move up a few ticks!
Excuse me for my rant, but it is time for us to start feeding the pigs at Guantanomo to the pigs! We can videotape each one letting the Arabs know that you F with us, you are going to end up in a vile pig's belly which many feel would preclude them from finding their 40 virgins!
Sorry, but needed to rant!
Volume drying up for GBLL. Probably just needs a breather.
I now have .007x.0095 for the GBLL spread! Is that right?
GBLL needs to get the Bid back up to continue up. Ask is back at .009 now!
It might be retracing, but it looks like the ASK just got popped up again. Crazy jumps in the B/A right now.
Wow MACH! Now I wish I had bought more GBLL. It looked ready to pop, but I didn't have all of my DD done, so I just threw a little at it. Looking like it just might challenge .01 with all of the volume hitting!
MACH, thanks for the GBLL alerts! I noticed you posting them and had enough time to do a little DD before it looked like it was going to pop. I got in at .006 just before the pop!
Got a little GBLL just before the uptick. Let's hope Mach is right here! I didn't have enough time to do a lot of DD, so just a little mad money thrown at it.