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INMG 15 min chart
this a chart that shows all the trading for the last week. it tells a story that is current, and as such can be used to guage a day's trade.
you can see on this chart that all the stochastics and momentum indicators have turned south. given the volume here, that's not a big deal. its just a sign of the current activity. what is more important is to look at the ChiOsc. contrary to the signal line of the A/D, which shows this is still under accumulation, it offers the explanation that retailers are selling from their inventory.
iow, what's appearing on the chart is the obligatory profit taking -- what? you think everyone holds forever? -- as well as the culling off of shares by longs who like to protect some of their investment. got it? its just another day on the long road of a start-up.
once again...
other chartists may disagree
best of trading to ALL
rich
INMG 2 month daily chart
this the chart of a stock verging on a full breakout. with the beginning of the 20ma crossing over the 50ma, the 5/10/20/50 have all aligned fastest down to slowest. this, btw, is a necessary function of any sustainable run. when a stock runs it trades above the 5ma, and technical test are the bounces off of the 5 and 10. when the 5 crosses below the 10 it generally signifies a pause in the precedings.
there's lots to like here for the near term.
first off, the three bottom indicators on the chart show the direction of the shares. they are all headed northbound, and, just as importantly, the signal lines are also turning up. these are signs of accumulation.
secondly, the momentum indicators, ppo and macd, shows the speed by which this ascending.
and, lastly, the signal line of the ADX is coming off of a very low reading. this has the potential for a very strong run.
of course, time is alwsays the key variable in how players perceive a stock. for them it never runs fast enough. too bad! grousing is a waste of good bandwidth. in any case, though nothing is ever etched in stone, this is primed. its just a matter of building the support. at present there's not yet a lot of it ** note the use of the adverb YET **
my congrats to the accumulators and buyers under the breakout of .012. while this will hopefully use the 100ma at .014, your new support should be no less than somewhere around .013.
of course...
as always, other chartists may disagree.
best of trading to ALL
rich
just driving through -- personal issues have taken precedence over my posting -- but wanted to thank Dirty Rat for his gracing the board with his Thanksgiving wishes. i hope everyone enjoyed their day.
and here's a hearty congrats to Greenwillow for his beasting NXTTF. my what an awesome play!
got a bit of time in need of a change of pace, so i'm going to post two INMG charts with a few less than pithy comments.
best to ALL
rich
for those who (like me) use TDA, they are scheduled to distribute the new shares tomorrow.
early, late, who knows? certainly not i.
best of trading to ALL
rich
had a long talk with a friend who knows how to trade but prefers to invest. he understands the concept of a start-up, and that's what this is, a stock that is not even one full year into the changes that began to shape the picture of the future here. and that is why whenever a change of that magnitude takes place the time frame needed towards realizing what it takes to create honest value -- as versus the pumping up of expectations -- has to be done incrementally. it doesn't happen all of a sudden.
let me put it another way: a start-up is not a car you put on the road after turning over the engine and immediately drop it in to fourth gear. this journey isn't a lap around the Indy 500 or a Can-Am; nor are you motoring a Grand Prix through Monaco. the road here is long and involved, and it takes time and careful planning to avoid the pitfalls that litter the path ahead. you have to properly lubricate and tune up your vehicle. put it too early into hyperdrive and you'll burn out the transmission, and that's precisely what happened here. the run to .045 was a glimpse of the future of INMG and not a picture of the present. this was not then -- nor is it yet -- a well-oiled machine. and why should it be? the trip has only just begun.
as for this board, which i can't help but comment on, this is supposed to be a place where the exchange of reasoned logic and knowledge should be most prevalent. readers coming here should be getting enlightenment, but, unfortunately, most of what i see are trivial posts bemoaning the current price. does anybody think that's the kind of inducement to bringing in new players and investors? i know i don't. but, then, i suspect my reading and writing skills are prolly not up to snuff. i'm certainly not as concise in my writing or charting as it is with all those wonderfully elucidating treacles i occasionally wade through here. seems to me that reading this board is more in tune with what i would expect of a demolition derby than anything else -- grousing is the norm rather than offering substance.
good grief, Charlie Brown! if you believe that the price of this stock is so undervalued, why aren't ya' all posting on other boards to let people know that there's a bargain to be had? or is it possible that you're too busy complaining to realize you're making the case that this is all hat and no cattle. which is it?
good luck to ALL
rich
inerlocutors, you know the drill. this is an off-topic post because the Hub is all about hyperbole, and logic and critical reasoning is of no use.
given the history here, i'd say they're real.
i started watching this stock in February, and got my math here up front and close. there were more than 300M shares traded here below .0028. that's where ETRF's big block of 8-11M shares sat until they were finally absorbed on the day this spiked to .0053 and began its ascent. for more than 2 months, that block came on, then dropped down to as low as .00022, then left, and then came back again, and this went on ad nauseum. and in all that time there was ample opportunity and the availability to buy all the share anyone could have wanted. you need only look to the signal line of a/d on the weekly to see the impact of all those shares.
seems to me this stock is still cleaning up those shares. btw, contrary to any other idea, the percentage of shareholders who sell near the top is quite small. most holders wait. unless a stock is a proven scam, there are always more longs than there are traders. you needn't look further than the posters here to get a reflection of this opinion.
weekly chart is below. nothing has or is changing. this is channeling and churning just like it did early this year, and it will prolly do so until a forward event becomes fact and not future. there are still shares to be had. and hey! shouldn't ya' all be jumping up and down in glee about that? after all, no one seems to think this is the top, and most feel bottom is in. shouldn't you be gratefully filling your coffers on the road to prosperity? after all, won't you think yourself foolish if this goes to O_W_C_yup territory in two or three years and you'd sold for a dime or less? my goodness. where's the confidence? or is there a prefix here that's more in line with what goes?
then again, maybe yer' all just verbists yearning instead of waiting.
whatever....
as always, feel free to disagree
'poor stone'
personal issues have been and are still keeping me from posting, not that i have anything currently calling for my charting. that said i have plenty to write about, unfortunately very little of it is market based.
best of trading to ALL of you
rich
hey Ringrock, lately i haven't had much time (or even an inkling) for posting but i'm glad you posted. my congrats to you on AMFE. it has been an absolute beast this year. i tend to promote cautious so i hope you took a smidge off to protect yourself.
in any case KUDO's to ya'
rich
what the hey! is with all you people? here's a 2 month daily chart with indicators and moving averages. i asked a couple weeks ago for anyone to show me what they liked on the chart, and i am still waiting an answer that is more than a soundbyte.
fer' cryin' out loud, this chart is the same chart it was six weeks ago. it is channeling sideways -- as is most of the pink penny market. and a stock that channels sideways generally moves on a slightly downward track because that's what gravity does to it. outside of the spikes to .0189 and .0041 nothing has changed since it finsihed correcting from the overpriced .04's and rounded out a bottom here around .01. in case ya' don't believe me, all the confirmation i need for my opinion is here on the chart. look at the bollies, the williams, the trend lines, the momentum indicators, yada, yada, yada. they're all flat. so what is it that makes posters post daily that the chart is ready, the chart is ugly, the chart is looking better and better, the chart is coming apart?
good grief Charlie Brown, Lucy is still holding the ball, and the chart is FLAT. and maybe that's because this stock is currently properly valued. despite being in a downgraded market sector with no major revenue stream it has a market cap around 2M dollars. while that might not seem like a fair valuation for the potential here, you can't sell potential. and why would you? this is in a holding pattern and as such there are some people here using this to slowly build a position, while others are either biding their time or looking to exit. and that's all that is happening. none of them is in a position to trade the stock more than on an occasional here and there. and that's because it is range locked and no amount of glib 'huzzah' is going to do anything about it until there is a forward event or a marked change in the market.
but hey! post on.
'poor stone'
its an ugly market. why is anyone surprised this is struggling. are you longs or longing?
daily chart below shows the story. there's a lot of pressure here on the 200ma. its at .0091, and today is the first time that trend line has been breached; it's also the first time this went below the bollies. if it can't hold the support here, you have to go back to the 50ma on the weekly chart -- a significant long term line -- for the support at .0078.
while that does not necessarily break the pattern of the chart, a rounding bottom, as is clearly seen on the one year weekly, it does suggest a longer hold. all the indicators here point to some form of dilution, whether its new shares or retailers leaving en masse. in any case, seems to me pennystock money has been moving to the sidelines. this could be an extended period of frustration. could also be a good opportunity for players with money and the ability to hold. then again, might not be. but isn't that the gamble in this game?
btw, when looking for a momentum trend divergence, the PPO is the Macd with some extra tweaking --it's more reliable as a long term indicator -- and it has yet to threaten a crossing over.
one last thought. if this can rebound and close at or a smidge above
the open it will form either a dragon doji or a hammer at the bottom of the current downtrend. both candlesticks indicate a potential reversal. as always, they require confirmation elsewhere on the chart.
good luck to ALL
rich
GW... INMG is at present both a position players trade and an accumulators play, and as long as the two co-exist this should hold a range. contrary to the wives tales so many offer as lore, MM's do very little in the way of naked shorting. this is the day of the fast chip and most MM trading is done with algo's, which allows them to wash a range with both buys and sells. what shorting there is is usually done with covering shares.
the key to the buying and trading of any stock is in the volume. no long can ever have the wherewithal to continually add on -- there's comes a point where there just isn't enough available money to keep buying -- and then, when the longs don't put enough shares back in to the market, they tend to make a stock illiquid, and illiquid stocks will almost always trend downward, no matter how gentle the slope. fortunately there's been enough volume in the stock for traders to roll some shares back and forth, and this give and take keeps the stock active as well as playing in to the hands of the accumulators. you can't buy what's not available.
as far as my chart rendering is concerned, sans a catalyst -- news, promo, sector, whatever -- i suspect this will channel churn for a few more weeks (if not months.) after this first ran to .032, it took it more than 3 months to finish out the correction and return to over .03.
having written all that, it seems to me patience is the key to this play, and volume is the key to any run.
best of trading to ya'
rich
GW... you asked me a little more than two weeks ago if a cup was forming, and i told you it was premature to call for anything without confirmation. at the time you asked me this was still in search of a bottom. now that it has begun to round out the bottom the pattern is called -- naturally enough -- a 'rounding bottom'. hey! i don't get to make up these terms. wordsmith that i 'yam' i still have to work with what's given.
i'm posting the one year weekly below. you'll clearly see the rounding bottom here on the right side. fwiw, it is not unusual for this kind of pattern to take months to play out.
as for all chart reads, there are no single indicators that serve as an all everything tool. they all require at least another one or two for confirmation. iow, given the recent trading, the idea that the macd has converged upward on the daily -- as posted on a board with no high end chartists -- is merely a signal that the negative trending of the stock has abated. in point of fact, though they serve the same purpose, and use much of the same math, the ppo is a better long term indicator than the macd, and it has not diverged.
my w.a.g. is that shares have come to the market in a combination of some dilution and shareholders exiting. in a bad market, and for the pennies this not a good one, money is king. i'm of the opinion that a lot of pennystock money is getting parked in anticipation of a collapse on the big boards.
if this can't hold the 200ma on the daily at .0091, i would begin to look to the 50ma on the weekly. its at .0078
best of trading to ya'
rich
Ian,
though the volume has waned a bit, it doesn't look like they're finished diluting this -- BMIC is still near or at the ask. on the chart linked below, as shown through the a/d and chiosc, it shows significant dumpage. this is going to need time or news to absorb all those new shares and shareholders.
sans a catalyst, i look for this to trade sideways in a channel from .001 to.0015.
http://www.profitspi.com/stock-chart.aspx?id=ABHI&ca=770699971
did i ever say how much i hate it when the Hub double posts me? damn, i hate wasting bandwidth with the clutter i have to throw down in a quick remake. bad enough to be prone to hyperbole, but.........
::sigh::
yikes! are the noteholders ever going to let this go? or is it the company? whoever it is, looks like the buffet is an all you can eat catered affair.
http://www.profitspi.com/stock-chart.aspx?id=ABHI&ca=10923300
would have been smarter of me to post the 3 month daily i referenced instead of the 2 month, but hey! it wasn't my fault. twas my fingers.
'wizdom', btw, is the realm just outside the city of Oz. i play the role of the scarecrow.
thanks for the kind words.
best to ya'
rich
i'm always fascinated by posters carping over the daily price when the greater reality of a play like this is in what the price will be, as versus what it is. of course, i'm of the belief that the word long is an adjective, a modifier of the noun time; but it seems to me that most posters use it as a verb, an action, as referenced by the word yearning. silly me!
one thing i'd like to note is that this is not a daytrading stock. at best, its a position players flip. today was the aberration, not the norm. there's usually not enough volume and spread to trade in.
as for today's chart, it looks to me like there's some on-going dilution here. dilution, btw, is not necessarily the issuance of shares; it can also be an outset of the growth of the available float. when retailers sell out, their shares go on the market. in any case, when a large tranche of shares gets washed through the market, no matter where they come from, it takes time to absorb the impact of all that exchanging of shares.
case in point, you have to go back to late July on the 3 month daily to see the last time this had two days with 5 million or more shares traded in a single day. and you can see by the way this was channeling afterwards under low volume just how long it took to absorb those two days in a row when it ran to .02. in the last five days this has done almost 35M shares. history has a way of repeating itself.
let's see what the next tomorrow's bring us.
best of trading to ALL
rich
the cmf is an indicator best used for showing the buying or selling pressure on a stock. it is not meant to be used as a stand alone trading tool. for example, you have to look elsewhere for a confirmation for the trend -- adx, aroon -- or to the a/d, its subset the chiosc, and the obv for the distribution. sto's show selling versus buying, williams is for overbought/oversold. ppo and macd relate to momentum. and so forth. that is why most chartists use at least two or three indicators to reflect on a trading strategy.
generally speaking, to see what's fully happening, you have to look under the hood to the chart. below this post is the 3-month daily.
using just a few of the many indicators on this chart, i'll tell you what i see in a quick reading -- keep in mind no two chartists will necessarily see the same thing. while the chart is a factual representation of what has happened, the interpretation is solely up to the individual.
if you look just to the price, you see a stock trading and riding the fast lines downward. despite the pressure on the ask -- cmf -- the trend downward is confirmed in the adx, the strength of which is shown by the rising signal line -- its the one in black -- and the weak di+.
looking further into this, the sto's, fast and slo, have been traveling in the negative side of the neutral zone. that bespeaks of sellers being stronger than buyers, and this is borne out in the OBV.
thst said, i read the accum/dist and chiosc as telling me that there are buyers here wiling to step up to the plate to take advantage of the selling. todays chart can be seen as a sign that the bottom has already been found and the possibility of a test of the 100ma is in the offing.
of course, other chartists may disagree. my posts, yours to use, lose or abuse
best of trading to ALL
rich
many years ago i was in a stock that over the course of 4 months had a run from .11 to 5.06. though there was consistent volume, and obvious buying pressure on the stock, it was a slow grinder that washed most of its shares at each top it made. every week a few shares would go off on the bid, and then the ask would get pounded, and upward it crept. i kept track of the trading through the logs and charts and marvelled at the idea that a stock with an O/S of less than 50M could SELL so many shares when according to the TA the float and outstanding changed so little. i talked to the company, i was beta testing their product, and they told me it was just the way of the otc with lots of phantom trades. then i had a conversation with one of their financiers, and because i'm a believer in death by financing -- convertible debenture and discounted shares are the bane of all holders -- i called him out on the dilution, and asked him about the possibility of an SEC investigation.
he roared with laughter and said, "as long as it never has enough blow-out volume and cash flow to put it under the watchful eye of the SEC, this can go on for quite awhile. just enjoy the ride."
yup! all the way back to sub penny -- this was in the days before the fourth digit was de rigueur in walking a stock up or down. he even let me work out the details in figuring out just how many shares they were washing through the system, and he had no qualms about it being reported to the SEC, as was done by two of my friends; he was already lawyered up.
it was a little more than a year later that the stock was finally halted, but not by the SEC. it was the FBI, who indicted twenty-four people, including the CEO, IR guy, comptroller, etc, as part of a mob operation to launder money through four stocks. while there was quite a few who made outrageous coin from that play, much more than that was lost by the investor/speculators who believed in the story and went long.
this is quite the game, isn't it.
i like to think words have meaning, and that my posts have relevance, but the Hub is not what i call educational. in any case, its the writer in me. having been published in real time, my fingers just don't know any better than to aim high rather than low. its sort of like playing the market, except i find too many here start high and end low. why do you suppose that is?
btw... your writing is much clearer than the standard 'Hubbery'. you're easy to follow. me, otoh? i might just be too dense. prolly goes with the territory.
isn't this a gamblers game? i mean, what good would it be not to place any bets? besides which, i like your style. maybe that's why i read you. my ignore sensor is generally in fifth gear.
best to ALL
rich
ever since a prolocutor referenced why a post on my board was deleted and could not be contested, i realized i was going to have to go a different route. besides which, i have an inordinate fondness for lexicons.
Any time you post about Users or reference groups of Posters (bashers, pumpers, cheerleaders, naysayers, Moderators, etc.) in your message, this makes your post subject to removal as off-topic and/or personal attack.
that's right. using those cruel, malevolent words above got several posts deleted. ::sigh:: i used to proffer my opinions with lucid wording, but now.....
i hope looking upward didn't cause a crick in your neck. but then i already know i'm a pain in the....
hey! hope things are good by you and everyone else
once again, its that rascally rapacious rasorial runt, rich pearl
yikes! who'd a thought otcmarkets would have such regulatory powers? what a racket!
Shell's addition to the title of the board seems to be rather perspicacious.
best of trading to ALL
rich
braying bilious bloviating braggadocio doesn't move stocks. nice 'bored'. you know how i feel. facts (not fax) before friction with fiction.
anybody here done any math? there were several hundred million shares traded before this first went over .0105. can ya' all explain why none of those shares could possibly have been sold back into this? after all, there are no sellers here, right? just manpulative flippers and mm's looking to make $100 at a time. and who needs profit anyway. its overrated. better to be prophet-able.
prolocutors, do your thang!
tot ziens!!
ABHI -- looking ready to move higher.
http://www.profitspi.com/stock-chart.aspx?id=ABHI&ca=1411675760
closed under the bollies,and has an inverted hammer on the chart. its a potential trend reversal signal, which, of course, needs confirmation before it becomes fact instead of fiction. T-trade is a sign of dilution, but given the history of the stock and the O/S, this is generally not a heavy dilutor. its also not the most liquid stock out there, and in that case, dilution is actually a good thing. can't buy or trade if there's nothing available. longs, btw, do not move stocks. shares do. up, down, whatever. its all about the trading.
as always, all are free to disagree.
good trading to ALL
rich
GW.... have had this one on a short watch list. i like it a lot better than the one we're in together -- think it has a LOT more potential.
as for the current price, prospectus shows sellers offering shares, and while i don't think they're done, i believe it will hold the 1.50 IF it goes that low. yesterdays chart has a doji on it. could be a sign of a coming reversal. confirmation would be in the sto's and cci.
best of trading to you
rich
been a bit preoccupied lately, but that, of course, does not affect the market. it does its thing regardless of what anybody posts here on the Hub. and speaking of its 'thing':
SOAN -- talk about being under the Hub'dar. is there anybody else paying attention? its breaking out. there's some serious algo trading goin' on, but that's not a surprise. what, you think mm's are single individuals handling one stock at time? or that the market is filled with daytraders playing illiquid stocks? please, this is the area of the fast chip. never before has it been easier to manipulate a stock. but.... if you're disciplined and careful, or just plainly intuitive or lucky, it all washes in the same. i entered this one too early. but i guaged the potential and limited my exposure. and now my crystal ball shows some green. and that's why i bought and held it.
fact of the matter is, SOAN is the type of trading this board was named for, a sleeper stock that that few -- or no one else -- on the Hub are posting about. its an illiquid stock that suddenly comes alive before the crowd finds it. and because its an untalked about stock, thus there's no noise to filter, it makes me master of my own fate. and isn't that the way it should be?
this one had an 8-k this last week. here's the link to the most recent press release. another link resides inside that blurb that sets the backdrop.
http://www.marketwired.com/press-release/angiosoma-inc-otc-soan-reports-esther-esther-confident-in-new-revenue-plan-pinksheets-soan-2234624.htm
this might have been (or is) a very good buying op. traded outside the bottom bollie.
too early to thnk of a close, but if this stopped trading here-in the candlestick would be that of a hammer. that's a potential reversal signal when its at the bottom of a downtrend. of course, it will need confirmation, but...
feels to me like news is coming.
good trading to ALL
rich
if the 20ma death crosses below the 50ma in INMG, your longer term trend is going to suffer. my guess is that when it finally finds a bottom its going to trade sideways for a period of no less than a few weeks. volume dependent, it could need at least that much time just to absorb all the recent exchanging of shares. fwiw, daytraders aren't playing that stock. its not worth it. otoh, position traders, buying, selling and then rebuying to sell again are able to do flip the stock more than once a week. that is actually a good thing. longs don't move stocks. they make them illiquid.
if that board had it together, they could have stemmed the tide. but traders will trade, and longs who don't know how to trade tend to push stocks up before they're ready. both the RetroBoaster and the duly annointed Sir YuckaMuck have done more damage than good with their excessive yodeling. they're both welcome to post here, but my leash will be tightly held on them. shibboleths and old wives tales are not my idea of intelligent posting.
ugh! i fear i prate too much. maybe its because i think the potential for dialogue is all too often wasted. cynic that i may be, i'm still an idealist at heart, and the eternal optimist resides deep inside me.
GW... its too early to discern a new pattern. cause every picture tells a story, here's a good view of the 6 month chart.
notice the similarities on the spike up from the bottom of the recent handle at .012 to the top at .044, and then how it came back down in the same way (albeit a little faster) to .014. gravity works just the same on stocks as it does on anything else. when this couldn't hold the support of the 50 and 100 day moving averages it became only a matter of time before it dropped further. once again this is seeking an old resistance -- the area around .0104 - .0108 -- in hopes of turning it into support. without a catalyst to change perception, i'd say the chances of testing that 200ma are better than even odds. take a look at the indicator on the top of that chart. its the money flow index, and if you look at it from when this peaked, you'll see the money was already flowing out. as i've stated before, this stock went up too fast, and never formed the basis for a floor to stem the tide downward.
on my template chart, with all the indicators, the only good sign i see is the waning of the momentum indicators. but its in small increments, and not a sign that the bottom is in. this is why its always good to settle for some profit, just in case.
personally, i would wait for a confirmation signal of some sort to herald either the bottom or the reversal before i added on. but, then, a true long is less worried about the current price than he is about the state of the company, and if you've projected a higher price down the line, there should be no such thing as a bad buy. otoh, buying too early is always a problem if liquidity or price average is an issue.
there's one more thing i want to comment on, and that's how that board is hurting the stock more than its helping it. there are very few if any rational posts dealing with the issue of buying, holding or trading. and the lack of talk on other boards makes it all the worse because by and large most of the Hub reads the particular boards to guage interest and knowledge. i ask you: if you knew nothing of that stock and read the board would you find it encouraging or discouraging? DD is not just about putting out a few facts and pr's and using them in supposition to arrive at a conclusion. unless you chose to play in your own bubble, an impossibility if you're on the Hub, its also about assimilating the attitude of the people you read.
adijas... i must admit that when i first saw your post about the buy i thought i'd seen 'a boat on the reef with a broken back, and a glimpse of the madman across the water'.
but then, on further thought, i realized that 'i'm the madman, don't you know'.
ah... the music inside my head, it never stops.
best to ya'
rich
regardless of the size of the buy, you are a man of courage and conviction! kudos to ya'
respect,
rich
Big Bro, i was just about to put the finishing touches on this post, and now that you've responded, i think this is the right reply to you.
while there's usually a sense of dread whenever dilution is mentioned in a stock, in the case of the OTC IPO's there are several positive factors that make it nearer to a godsend than a death sentence in dealing with the issue of illiquidity.
for one thing, where many reverse merger plays are prone to signing in to the Reverse Split Motel when trying to slim down, the OTC IPO has already been pared in anticipation of the merger, and is thusly more suited to a forward split than anything else. just as importantly, the issuance, or new found availability of the stock is more times than not a bottom buying opportunity. the need for the initial shares to get into the market generally keeps the price from being so high as to not induce buying; and, then, when the shares begin to leak in, the thinness of the float pushes the value up, not down.
of course, these stocks aren't accumulators plays, with an all you can eat repast. their general illiquidity keeps investors from buying them up, but a quiet 500 to 1k can net a reasonable return in a short period of time. BRTI recently went from .60 to 3.00 in the blink of an eye. and UBIA, whose 8k was noted by you on January 4th, was at .55 the first week of February. one month later it hit $42. mind you, that is probably the exception to any rule, but IRNC, given below 1.30 -- what was i thinking when i sold it to buy an overliquid stock? -- recently hit 9.90. can you spell profit? or is that word spelled better as prophet.
whatever the case, count me in on it.
best of trading to you and ALL
rich
GW... nice, well-stated DD! good to read and certainly supports your view. this is the kind of post that best exemplifies what the Hub could be.
cheers,
rich
fair enough! been patiently waiting for the audit. we've seen what's possible here with a good catalyst.
take care and trade well
rich
what a great looking buy, Big Bro. didn't log on early enough to catch the opening wave, it rolled out as soon as you bought, and i only waded into the shallow waters of my buying power -- wish i'd snipped a few more buds -- but this is looking like its got real winning potential.
gonna have to post here regarding the benefits of illiquidity in the OTC IPO plays.
can't reiterate enough how sneakily clever this concept is.
i offer many thanks to you for the board!
rich
as GW will tell you, i've been charting it all along and my record is pretty good. the only stocks that can't be charted are stocks too illiquid to trade. INMG has been an easy call.
personally, i'm worried that the whole market is rolling over. now that we live tv, its becoming harder and harder to guage reality. just as unbridled enthusiasm pushes unwarranted expectations, fear fosters
fear. though i want to be wrong, i can smell the dread that has become today.
thanks for the response.
rich