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any idea why vix down yesterday while markets almost sideways?
bloomberg says 624 million float!!!
and market cap at 62k !!! (.062 million). I think this is a mistake as market cap is pps * o/s (not float)
OK this is the float as compared to 243 million at the company page.
Still very thin.
http://www.bloomberg.com/apps/quote?ticker=IHGP%3AUS
Thanks.
Investor relations page at the company website says:
Capital Structure
Authorized Shares: 5,000,000,000
Outstanding Shares: 851,745,811
Public Float: 243,200,431
As of March 30, 2009
This is very very thin for a sub penny stock.
This also means market cap is only 85k
http://www.interactholdings.com/Investor_Relations.html
on a second thought, the shorts covering scenario might be very weak, simply because shorts would have covered long time ago at this level. (if there are shorts in the first place).
So, the buyback scenario seems much stronger imo.
if there are people willing to sell at .0001 why not wait until ask drops and then buy more chunks!
Maybe when there are no more shares to be bought at this level, the big buyer will up the bid.
Another possibilty is: shorts (or maybe naked shorts) trying to cover before anticipated news.
Jmho.
looks like someone buying in phases.
Maybe 400 or 500 million shares every few days so that the stock price does not rise.
bid holding now
market cap is very tiny this could go up 1000% easily imo especially we had new management 2 years ago.
1 cent would be nice:)
who is buying? why today?
it has been sleeping for months
any news? maybe about solar products??
any news or new filing?
it has not moved in a very long time
market cap 170k! any chance pps 1 buck?
at 1 market cap would be 3.5 million = revenues!
they would get 10 times more at .001
with same number of shares
o/s only 624.03M
http://finance.yahoo.com/q/ks?s=IHGR.PK
market cap 124k and could go to 10 million
that is 100 folds
.0002 >> .02 ;)
my target is between .003 and .01 ;)
any chance for .001
short term?
at this rate volume could reach 500 million
this will create momentum and then the rise will be quicker
GL all
nice move by new management into solar
I am guessing we start bid/ask as .0003/.0004
just a wild guess
ask jumped to .0008 in AH
Is this usual?
now at .0003
ask at .0006?
any pr today?
since mr. Yates has experience in residential technology.
Solar installation business is getting hot in california
why not get into solar business
at .01 market cap would be 6 million which is possible if the company has a clear plan
Just in case I put a sell order for .01 although we know naked shorting has been banned. So no one can borrow our shares
is it trading in pre market?
high teens meaning?
.001x ?
what's nice about this is it has been sleeping for months so it would take time until information reaches a broader market. There will be more time to collect I guess.
Right now I guess only ones who know this filing is current shareholders possibly.
yahoo finance message board is available for ihgr
I never thought pinks have boards on yahoo finance.
yes a third of a cent (.003) puts market cap at only 2 million
.003 * 600 million = 2 million roughly
so yes .003 is also possible once we get some news
market cap so squeezed, .001 within days?
can't investors sue the company?
directly!
it has been 2 months since 31st of dec 2007 and nothing happened yet!
market cap at 50k now. O/S at 500 million!
a logical r/s would be 1-for-10 putting o/s at 50 million imo.
Or maybe 1-for-50 putting o/s at 10 million.
so how long this thing going to stay like this ?
Any news?
Anyone knows the current status of the company?
How many employees are there?
What kind of products/services are they selling ?
Do they have any plans? Any forecasts?
just my own humble analysis. It seems very few know about this stock. We are way undervalued at 50k market cap imo.
very strange! maybe someone wanted to test if we still have a real bid/ask!