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My broker won't let me trade that symbol, was it halted?
Here's what I found in the report:
With this last quarter, the net income reduced drastically, for the year in particular. Aside from the relatively small drop in revenue, from a 30k ft view, it looks as if they may have placed capital in different vehicles for the purpose of reducing their overall taxes to be paid at year end. Had the balance sheet kept the trend of qtrs. 1 - 3, they would have had to pay taxes on upwards of $450k. Currently they only have to pay taxes on $59k. That's around a $130k difference in taxes due.
Hopefully, there's a method to the madness.
UPDATE: Nevermind, just saw that they had tax loss carryovers which nulled and taxes to be paid.
I guess some haven't read the recent Q showing the O/S count drop due to shares being repurchased. Hopefully the next Q shows something similar.
This gash needs a tourniquet...when will it end...
I don't know why I'm just now noticing this but, insiders own 47.76M or 21.3% of the OS.
Yup, on the last page. Saved the best for last...
GO EIPC
Speakng of that .045 bid, don't know if you remember but NITE was a beneficial holder of shares at one point but sold out on the run up to .50-1.00. With that .045 bid not flinching with all the sells as of late, I speculate that they are loading up again...
Just an observation
Careful...AS is 10B, 2B OS a/o Jul 12'
If, $1.85 doesn't hold, looks like it might test the 1.74 support. I still think they're gonna bring it down to close the gap in the $1.35 - $1.40 range. CLWR
Helluva call...I keep slapping myself for staring at those .08s and not hitting the BUY button. Nice one
It's coming down to close the gap, IMO. I'm buying in the 1.30's
Thanks, I like that prediction, he's gotta quit with the INT's though. He is a special player.
No need to wait, they won't file...that was the only purpose of the 15d yesterday so noone can know, imo. I'm out as well.
Needs to move steady, with bid support to follow to sustain a run...GO IFIX
Sorry meant to write you back a few days ago...Been in this industry for about 6 years now. I'm on my 4th EPC CC Project. Sounds like you might have nice cozy cube or office...I'm always on the road. Rolling Stone...
Looks to me like a cover, now on the ask side @ .02 along with the other suspects, VNDM and VFIN. Looks like some breathing time...hopefully
Looks like a short opp coming, thoughts?
Thanks, I understand. It was mainly directed at the other poster too, and this wasn't the first offense. Thanks for being civil.
Please keep it IFIX related, I don't care to here about other stocks on this board...or I would go to that board and read those posts. Thanks and GLTY.
Looks like VNDM is the shorter, trying to cover with the convertibles. VNDM is now a buyer @ .0011
Looks like VERT might start propping it up too, they accumulate enough, we might see another nice run, IMO
Is it safe to say, we found the sellers bottom? .0022 - .0024?
Looking for a double bottom(.0019), dip and pop in the coming days...GLTA
watching...no sells in a whole 10 min now
WTF helluva dumpfest already hit a low of -43% 15 min into the day, how low will she go?
Jumped in @ .49 with you...looks like we may have a runner
Those .96s I grabbed are looking niiiiccccceeeee
Thought the shareholders were trying to take it over..they'd probably do a better job IMO
My first buy was .08, should've sold @ .10 but got greedy
Need a bounce bad on this one, I'm in toooooooo deeeeeeppp, lol
.765s up, closer to .80s everyday, then hopefully .90s, then...
Read the quarterly report again, they may be close to done selling, see the balance sheet of shares issued, and spikes following...get cheapies and have patience. We're at the sellers bottom...hopefully
Building a better base today, opportunity earlier to get some cheapies if you took advantage. I'm thinking we see the .80s this week, bwtfdik.
Looks like possibly a fat finger, .021 x .055 now, and the previous sell was at .043, and the 50k went thru at .0043, so looks like someone is kicking themselves in the a$$ pretty hard right now, lol
IFIX taking a nose dive today, was -43% down to -38% now... 0.008
Thanks for following up, been meaning to. That just sucks. I'm stuck with only about 5 illiquid non reporters that are sitting at the bottom waiting to be ran...but won't be because people can only buy about $30 worth at a time before being rejected. And I can't sell because dumba$$ choicetrade will only let me sell $30 at a time minus $7 brokerage fees.
My opinion is, the brokerages have gotten so short on them, and working with FINRA they are forcing us to take a tax loss on them so they can eventually cover and balance their books. Thats my conspiracy theory.
I've been seeing it lately on some of my bottom plays, that they short it soo much, pin it down to where you can't buy a reasonable amount, they go illiquid, and you're screwed.
Ditto, to everything you just said. Etrade looks to be the only real option now...will they accept OTC CE and OTC Pink No Info?
Nevermind, just found out that Legent Clearing, as of 8/1/12 is going through the same NSCC illiquid BS that Penson went through last year.
I have ChoiceTrade as well and I found this article...
http://www.pennymotion.com/penny-stock-newsletters/update-from-damngoodpennypicks/
Not interested in their pick, lol, but I'll be checking out LowTrades...$4.95 per trade
Anybody else deal with LowTrade?