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So you are saying that people shouldn't take advice from a message board...but laughed because they ignored Jim's post?!?!
Hmmmmm...
I think the reason that people get upset about losing money is that the scammers lie, which catches most people off guard. False press releases are rather unscrupulous, in my opinion...and could be a line in the sand. I would also like to add that false press releases don't only apply to IRP' but also CEO's.
Taking advice from anonymous posters is never a good idea, like you have stated, but fictitious press releases are the makings of an illegal act, in my opinion.
Edited...
Actually the first link is delayed by twenty minutes, but of course you wouldn`t know that.
And no one here is directly lying except you. The posts about the company are inferred because we do not have complete knowledge of the inner workings of the company.
However, you directly stating that actions being taken on your part, when in fact they are not, is outright lying and you should be treated as such; a liar.
Edited
Post Sript, I just finished reading the last of your mail, and my advice to you is don`t worry how others feel. You again are only trying to invoke an emotionally charged reaction and I believe that all people here can see you for what you are.
As in the words of Emerson; "What you do speaks so loud that I cannot hear what you say."
Good afternoon Total Package,
According to this website, no one is opening new shorts and in fact people are closing them:
http://www.shortsqueeze.com/?symbol=iweb&submit=short+Quote%99
And the same information is supported by this website:
http://otcmarkets.com/stock/IWEB/short-sales
Lying on a public forum is still lying, so please take your business somewhere else.
Moderators, please ban this poster as they are not helping and are actually harming the integrity of this stock board.
Thanks,
William
Good morning everyone,
I agree with Trey 100%. I believe that IWEB offers a great value for the price and the people who have done the research to arrive at this conclusion will do well.
People who have the ability to see value, where others do not or cannot, have a gift, that more often than not, results in them attaining levels of great wealth.
Of all the great investors I have met and the uncountable pearls of wisdom I have been subject to over the years, this one has really stuck with me: "Whenever you take a trade, there is always a professional waiting to take the opposite side of that trade."
So as people scream about dilution, yell about the moon, buy foolishly or sell in a panic, there is always a professional trader who is taking a position and seeing an opportunity.
Do all professional traders make money, of course not, but I would like to define this term "professional." It is statistically supported that less than 7% of the market makes consistent gains, so this elite 7% are the professionals that I am referring to.
So the next time you take a trade, think and act like a professional: understand the valuations; have an edge; communicate with the people involved and always, always, always get your price.
On another, yet related note:
I am also shocked at our current moral situation in society and the impact that moral relativism and the anonymity of the internet have created.
The very people who KNOWINGLY spread half-truths and lie on the internet will, without an ounce of thought, look you in the eyes and tell you, with unwavering conviction, that lying is morally wrong!
Yet they feel no ounce of moral ambiguity when posting lies via an anonymous medium. So, please take all postings as mere opinions that are more than likely based on absolutely nothing concrete and are only an attempt to further one's own ambitions; even this post!
Have a great day everyone and thank you for lending me your ear.
William
Good evening Westeffer,
I believe you are merely speaking with a previous poster, SG, when you respond to TotalPackage.
Have a great weekend everyone. The stock is well, and we are one week closer to transparency on the earnings and revenue front that ought to be reported the first week, or perhaps the second, of August.
Although I do share Westeffer`s optimism and outlook, I do prefer to keep the projections bridled until they are known and we can infer with a certain degree of accuracy.
William
Good morning everyone,
I can understand the concern everyone has regarding the registration of shares, but just like a few have pointed out. It is merely a registration and not a declaration of intention to sell those shares.
If we put ourselves in the shoes of those employees who received shares in lieu of compensation et al, I am sure all of us would want to go through the proper procedures in order to be able to sell if the need should arise.
For no other reason than the need for money or what have you. Also, not everyone is stock savvy, so this registration en masse is nothing to be alarmed about, in my opinion.
The S-1 sure did have some fat in it though, and I see a diamond in the rough that will shine brilliantly, once it has been honed.
I believe the fear comes from the multitude of stocks in this arena that are not in the business of being in business, and are simply trying to part investors with their money as fast as possible. But those companies are hollow shells and engage in the most minimal business pursuits in order to keep up their appearances.
However, with regards to IWEB, the content, establishment and business development that they have been working hard to achieve is obviously of different nature than the forementioned class of company.
So don`t let the rotten apples in the bag skew your perception so terribly that you are not able to see the gems of the bunch.
Have a great day everyone, and I hope to speak with you soon.
William
Good morning everyone!
Have I missed much, or is our little gem doing exactly what it is supposed to be doing?!?!
I haven`t been able to contact and speak with Mr. Signorello as thoroughly as I would have liked, so is there anyone who knows of the best way to get in touch with him?
I am in the process of relocating to Canada, so taking a quick trip to Virginia is, at the time being, out of the question.
It looks to me like all is well with the stock, and the action on the tape also, in my opinion, and it looks to be under accumulation. The insiders relieving of pressure looks like it has subsided, and I even see accumulation occurring on the institutional side.
I have one off topic point, of which I hope none will object, in that I attended the Trader`s Expo this week and at that expo there were two offers of promotional campaigns (free investing lessons and attractive deposit bonuses for forex), so for more information please contact me, and I will try to communicate these offers via another medium.
Back on topic, Mr. Westeffer, thank you for the private message, and I am currently near a third of your position size, and will aim to hold about a position of about two thirds of your current long term holdings.
Take care everyone, and remember the wise words of Jesse Livermore:
I think it was a long step forward in my trading education when I realised at last that when old Mr Partridge kept on telling other customers, “Well, you know this is a bull market!” he really meant to tell them that the big money was not in the individual fluctuations but in the main movements-that is, not in reading the tape but in sizing up the entire market and its trend.
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. Old Turkey was dead right in doing and saying what he did. He had not only the courage of his convictions but also the intelligence and patience to sit tight.
I hope to see you there, too! Take care everyone, and see you at the open tomorrow!
A print of .26 is an official break in the down trend according to my system and next resistance is .31...
I hope to hear some more interesting information tomorrow from the company, and Monday is one of my top five days for releasing news!
Good night, William
Good evening,
I have looked into other buyouts and garnered a well-thought-out buy-out multiple.
I have made no claims as to what the earnings of IWEB will or could be, but if they reach the numbers I spoke of, I would be we could reach a very nice price in a buy out.
Also, please remember that if we can earn ten million a year, this would prove the potential of this company and quite possible push the price per share much higher, but I would like to end this line of thought here as I would even consider it unbridled enthusiasm.
But I assure you, I am acquiring a healthy stake in this company.
William
Good afternoon, I would be hard pressed to bet any money that we will reach the five dollar level this year.
But, I do believe we could apply a buy out multiple of 20 times earnings when entertaining offers.
I can see IWEB hitting ten million in earnings (I will not say this year), but perhaps in the next, which would give us a look at a couple dollars.
I haven`t contacted John yet, but will try to get a hold of him to gauge his long term plans with this company. That should give us some idea if he wants to run a company for a few years and make this his legacy, or if he wants instant satisfaction and more time to pursue his singing career.
If he is looking to make this his legacy, then I can see this hitting double digits, but that would be years from now.
But for the next few months, lets assault the dollar level...and I see .56 as the next level to take profits...
William
Good morning Total,
I understand that you are knowledgeable and have been around a long time, but your lack of perspective with the big picture is very interesting.
This stock does not live and die in the minute to minute fluctuations of the price.
We have institutional investors interested in this stock and the big boys always get their price.
Also the little guys, the MM's, do not lose money...so they need to cover their daily shortings, and will of course do it at break even or at a profit. These two being things we littler guys have to live with.
Your thoughts and ideas about the potential of this stock is greatly appreciated, but the minute by minute flip-flopping is unnecessary.
It reminds me of a brilliant line from the timeless classic, Reminiscences of a stock operator, "He had not only the courage of his convictions but the intelligent patience to sit tight."
Yet, if I have entirely misconstrued the situation, my apologies.
William
It's good to be here.
IWEB has a tremendous future.
L2 looks to be sticky at .25, .26 then .30.
I would love to see a .30 print today, but it could be tough. This .25 is much thicker that I had expected.
Anyways, take care and I will speak with you soon!
William
Good morning!
Everyone is still here. Just busy with the big boards...but we have excellent accumulation at the ask on IWEB.
Looks like the next leg up has started. If the heavy volume continues today, next week will be even sweeter!
William
Good day again, I like the action today. Lots of accumulation at the ask, and more great news.
I researched Software Labs, and they had a nice solid customer base of some people and players who could have a significant impact on our bottom line.
I am looking forward to the next Q...last year was released around August 9th, so I am assuming the same this year.
Accumulation mode for me, but I have a feeling we will be regretting not picking up more under a half dollar.
PS, I am not a congressman, just a private investor.
Take care all, and talk to you soon, William
Good day all,
I love the news...and it seems we are attracting a different quality of investor, not that you guys are tops in my book! lol
Apparently the `accredited and INSTITUTIONAL` investors don`t mind averaging in at .30.
With restrictions on half the investment to require an appreciation of 150% from the current price...that takes confidence in your investment.
a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that the Company has received gross proceeds of approximately $2.5 million in a private placement offering to institutional and accredited investors.