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According to the Twitter blurb: "...INTV) is focused on investments+acquisitions+management of profitable assets in technology+entertainment sectors."
"Entertainment sectors"? Why would INTVD want to venture into anything other than crypto at this time? Didn't we try that before only for it to fall flat? If I am misreading, please clarify for me.
My faith in our CEO's choices has been spotty in the last few years (although I've stayed, and paid for it) and I feel straying from crypto is not the best choice at this time. We need to focus on what is making money for the CEO... I mean Company.
All that said, if a larger group were to come in a acquire INTVD, the CEO would make out like a bandit and some of the longs who've stayed the course (and got crucified) might be able to come out ahead as well. The new management would just have to leave our existing CEO out of the equation.
STKOPS
I worked in small cap public companies for years and can tell you without fail that the RS will crush the share price. SP will decrease substantially within a very short period of time. I've seen 40% SP drops within a week, and based upon Steve's growing reputation I expect it to happen here as well. Very disappointing and a hard lump to take based upon the amount of money I had involved, but such is life. Good luck to everyone.
StockOps73
I appreciate the responses and concur with you KC. Also somewhat embarrassed I did not dig into it more thoroughly - bit of lazyitis perhaps. Thanks again everyone.
StockOps
Tungsten Hands
Any idea why a group this big would want to move their assets from the Wolf Hollow hosting facility?
https://seekingalpha.com/news/3934840-bitcoin-miner-bitnile-removes-65k-rigs-from-texas-site-formerly-owned-by-compute-north
Unfortunately, we did not follow BTC's rise to its ATH last time, and I'm concerned we may follow the same results when BTC makes another run. I tried to load a 1-month chart for INTV and a 1-month chart for BTC - both generated today, 3-25-22, but was unable to get them to load. Take a minute and look at both charts' one-month ending today. Not encouraging.
I am a large holder in INTV and am not bashing it, but our situation does not bode well if we follow our present SP course. I feel there are going to have to be changes for this to turn around, as the investing public seems to have trust issues with us.
StockOps73
Tungsten hands
INTV
My concern is the fact that INTV did not move in tandem with the last BTC rally (end-Sept. into Oct/Nov. '21). SP faltered early Oct. and never recovered, while BTC continued its run-up through second week of Nov.
Regardless of revenues and net income, BTC's price seems to be the only variable that controls our ascent, so it is troubling that INTV's SP did not follow more closely BTC's price rally to its ATH in Nov.
I am very long on INTV and not bashing, but as anion mentioned, we are going to need volume, which is usually generated by new interest/new money, so all we can do is hope the news reaches new people.
Constructive criticism/comments/suggestions?
StockOps73
INTV Long - Graphene (hexaganol carbon lattice) hands
Just out of curiosity, how are they cooling the 40' containers?
Thank you.
StockOps73
INTV Long (very, very long)
Something else that's strange.
Yesterday, 11/30/21, $INTV stock traded 658,504 total shares according to the OTC Short Volume Report (https://otcshortreport.com/company/INTV), and the stock never wavered outside a range of .26 to .2621. That is a difference of $.0021, which equates to only about $1,382 between the ranges (at 658,504 shares). This being with some trades in the high tens of thousands of shares.
Today the stock has traded approximately 337,583 shares as of 12pm CST, and never got outside a price range of .28 to .285 (and the .285 was at market open through shortly after 10am CST).
This market activity looks somewhat suspicious to me, and the first things that pop into my head are wash sales and match orders.
Also, there has been almost NO post traffic on the site since 11/27/21.
Comments or opinions?
StockOps73
$INTV Long
That's strange. Short positions have all but evaporated in the last two days:
Nov. 29 short volume was 37.85% of volume
Nov. 30 short volume was 12.51% of volume, and
Dec. 1 short volume was only 1.58% of volume.
https://otcshortreport.com/company/INTV
Wonder what that's about......
StockOps73
$INTV Long
Without new money and fresh interest, it doesn't look like our SP will follow BTC's upward arc in the short term.
Based on the new ATH of BTC this morning, you would think SP would have at least inched up a bit, but we're 3% down at this writing.
61.39% of yesterday's total $INTV volume was short.
https://www.otcshortreport.com/company/INTV
Just a series of musings to share…and VERY general, without deep research into the rules and regs of share buy-backs.
Based upon recent revenue reports, I see no reason for the Company to continue raising funds through dilution.
If or when the Company begins to realize significant revenue due to recent BTC price increases, it might be a good idea for management to engage in a share buy-back plan to tighten up our market. We presently have about 205 million shares outstanding(1). Based on the price projection chart posted in Post 58808(2) (which is certainly possible), $INTV COULD have revenues of up to $20 million (gross) in 2022 (see conservative "ESTIMATES" list below). If management were to utilize say $5 million of an estimated $13 million after taxes for a share buy-back plan, this would do a number of things:
1) Tighten our market
2) Increase SP as shares were purchased in the open market
3) Decrease the "short" pool because a company's treasury shares cannot be borrowed against
4) Possibly force a squeeze, which would increase share price even further
Buy-backs inherently enhance shareholder value.
ESTIMATES:
-Estimated net BTC mined (based upon chart from https://twitter.com/1RandomInvestor/status/1452490492155813895/photo/1): 366
-Estimated (conservative) BTC price during 2022: $60,000 per coin
-Estimated (conservative) revenues generated from (# coin x BTC price): $21.96 million
-Estimated tax burden: 37%
Just a thought. I welcome feedback and/or clarification as to the above-referenced information and opinion.
Stockops73
INTV long with hexagonal boron-nitride hands
(1) https://www.otcmarkets.com/stock/INTV/security
(2) https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166584367
Discussions, opinions and arguments aside, the most important point or aspect of a company to the investing public is that company's share price, and if we are incapable of breaking .40/share when BTC is at ATHs, we have an issue.
That would be welcomed, but with continued selling into the market and without new money and/or renewed interest/attention to the stock, I fail to see how this will occur in the short term. BTC's price has been how the stock has moved historically, and today shows BTC price increases no longer apply to our SP appreciation. We are static since the last BTC run-up, even into today's BTC ATHs.
I've been here from the beginning, building my position and hoping for a renewed breakout, but today's lack of SP appreciation has discouraged and demoralized me completely.
Because that's when BTC started making its latest move up.
Even more damning, look at the charts for the aforementioned crypto related tickers from October 1, 2021 to present. Only INTV has remained static or declined. Is the consistent dilution the causation, or something else?
Thoughts or ruminations?
Yes, and we're STILL languishing below .40. Guess the new shares are pouring into the pool and keeping us swimming in molasses. Illogical.
Wow. This should be our "writing on the wall" moment...
The other two most popular cryptos have seen approximately 17% and 65% increases, respectively, in SP since 10/1/21. This growth being driven exclusively by $BTC price increases within that time period, while INTV has languished and decreased in SP. We are about 2% off the $BTC ATH, and we have lost 5% in our SP just today. This is disturbing, in my opinion, as $BTC price is the major component in INTV share price fluctuation, historically.
Very discouraging.
Please share your thoughts with an item of concern regarding $INTV:
- Bitcoin has been steadily increasing during the month of October, to wit, in the early hours of 10/1/21 bitcoin was trading at around $44k and has increased to $60k as of today, 10/15/21. This is an approximate increase of 35% in two weeks (using $59,500 as today's $BTC figure and $44k as the figure for 10/1);
- Another popular crypto stock ($MAR%) has followed suit and increased over 25% in the same time (about 32 on 10/1 moving to 43 today, NOT including this morning's spike), as have others;
- In the same time period INTV remained static then actually DECREASED (.36 at 10/1, .345 as of this morning), then made a move up and immediately dropped back between .35 and .37 as of this writing).
Can anyone explain the cause of this lack of appreciation in INTV stock price, even as BTC is moving toward ATHs?
I have a relatively large holding, am very long, and not bashing INTV, I'm just making an observation and requesting causation. Based upon what I see, we need fresh blood (new money) to get interested in INTV if we are ever going to move up.
Thoughts?
stockops73
$INTV$
I assume everyone in our group has already seen this, but here is some free publicity for INTV.
Hope a lot of eyes find this:
https://finance.yahoo.com/news/bitcoin-companies-bolster-mining-capabilities-120000312.html
StockOps
Tungsten Hands
True. Once the word gets out and the masses find us, the MMs who manipulate our market might want to be trading in a different manner.
Your question has basically already been answered, but to give you a better understanding of how all this works, please refer to this link:https://www.32trades.com/market-makers-knowing-what-youre-up-against/
Pay special attention to paragraphs 6, 8 and 9, but read the entire article, then check your L2 to compare which MMs are there.
Just like the guy in the video says (link previously posted), these MMs pound the little guys who don't have the powder to give it back to them, in kind.
Hope this information has helped.
StockOps
INTV LONG
Tungsten Hands
Excellent AP, glad you stickied the video for everyone to see.
The following excerpt from the previously discussed video should be of particular interest to all of us. I strongly suggest that everyone go to the site and watch the entire video, as well as his previous video actually showing the very quick L2 changes when he puts in trades.
I firmly believe the MMs are negatively influencing our investments with INTV. The most glaring example is the increase/decrease in BTC price. INTV should have been increasing and decreasing in lock-step with BTC price fluctuations very similar to the other BTC oriented companies, but it has not. At 2:58pm CST, BTC was approximately 58,595 - INVT closed two minutes later (3pm CST) at around .38. Thirty-eight cents with all of the latest information and positive activities the Company is seeing? Right.
In discussing the MMs AI manipulation, and in reference to some of the recent activities caused by retail investors (via red it), starting at about the 11:32 time marker of the video, the guy says:
"...these market makers, these hedge funds over the last few months have lost tons and tons of money because of all the short-squeezes, because the behavior of retail has changed. The behavior of retail has suddenly become counter intuitive to the AI and what it has been used to, for the last few years. Before this year, retail was afraid, they traded scared, they got out of positions that weren't working. Nobody was holding, nobody was diamond hands, nobody was to the moon. That's all recently, so when that stuff started happening, short squeezes started happening, meme stocks and everything that we see going on, none of that had ever been experienced before by these programs and they had to adjust, and as the losses started rocking up, the AI started adjusting and the solution that it came up with was flood the market with different stocks - you can flood it, you can drive the price down, you can overshort, you can buy'em all back, sell'em at a higher value, and now you've got people losing money hand over fist. People are losing more than they ever expected on different stocks because the stocks are not behaving the way that they thought it would - the way that makes sense. You know, you're looking at the screen, they've got a PR, they just went Pink current, they've got great interactions from the company and from the management, and...it goes down. Not only just goes down, but it tanks. It doesn't make any sense and you look at it and you scratch you head, and you go 'what's happening'? Well, that's the explanation. They overshort, as I said in the video I posted just before this one, they're overshorting, you know, the hedgefunds, the market makers, they have the ability to do whatever they want with the market and they only get in trouble if they get caught, and as you can see from a lot of the websites, the reporting that I showed in my last video, the fines are nothing. You know, thirty thousand dollars ,seven hundred grand, to violate these trading practices. Citadel was even fined 22 million for front-running orders for, for basically convincing the public that it was trading in a certain way, but it wasn't. It was front-running, it was trading, it was determining where to send the orders so that Citadel could make more money. This stuff is happening all the time, the amount of money that they make...what's seven hundred grand if you're making 6.7 billion? Cost of doing business. Anybody would pay that. Who cares? Nobody goes to jail. Nobody gets arrested. It's a fine, so why would you stop doing it, if it's making you that kind of money. And so there's no penalties, there's no risk, really, for doing any of this, as long as you paint within those lines and you know, there's not too much in those gray areas, they can just keep doing it, and so that's what we see keep happening. And if you pay attention to your Level 2, if you see the orders that are coming in and out, if you're paying attention you'll see what I'm talking about."
I have edited the quote above for clarity and length, and have added the "bold" emphasis, but include the original link here for your perusal:
Every single investor needs to see this video. This clearly shows that MMs are ACTIVELY manipulating the market.
This is one (and probably the MAIN reason) that INTV PPS is has not moved up like it should with our new developments and the higher movements of BTC.
INTV
But all that said, if BTC breaks out, it will be moot.
It means that there is a possibility for the stock to slide tomorrow and follow today's direction due to resistance at this morning's high.
INTV Tungsten Hands
Agree, but when Elon just tweets something cryptic and the price jumps or falls depending on his mood, then I think that may have a twinge of control attached. imo
INTV Tungsten Hands
I agree nwsun, there is a lot of manipulation going on with BTC. No question about it.
CoinDesk thinks BTC is about to leg up.
https://www.yahoo.com/finance/news/bitcoin-outflows-coinbase-suggest-institutions-131710635.html
Note paragraph 7:
"Spikes in outflows from Coinbase Pro have consistently marked interim bottoms (the end of price pullbacks and the start of reversals higher) throughout the cryptocurrency’s four-month bull run from $10,000 to $58,000. If history is a guide, bitcoin could soon begin the next leg higher."
INTV Tungsten Hands
It's "only" $170 million worth, but still...
(On the 23rd of Feb., so this may have already been posted.)
https://www.yahoo.com/finance/news/square-buys-170-million-more-in-bitcoin-to-boost-crypto-holdings-222926163.html
INTV Tungsten Hands
Over 57% of Friday's volume was shorted. Here is the source link.
https://otcshortreport.com/company/INTV
Even so, once BTC kicks again, whoever is on the short bus could be in a bind.
MM PUMA is known for iffy trade operations - they are flagged in a number of articles. Same with CDEL, CSTI and CANT when it comes to shorting.
BTC market cap just hit a TRILLION dollars. ATH.
Yep, 54.96% of yesterday's volume was shorted. Someone has to have huge stones to be shorting this ticker. I pulled the page and have linked it here:
https://otcshortreport.com/company/INTV
If INTV gets found by a few whales and takes off, that should cause a major squeeze (I hope).
Concerning wallstreetbets, they do not allow discussion of OTC or other penny stocks and remove all newby posts immediately upon posting. Something to do with their terms.
If someone was a regular, they might be able to mention our ticker without their post getting removed, but I don't know for sure.
INTV Tungsten Hand.
Here is the link to INTV's short position. The site takes a while to load and occasionally times-out for some reason.
https://otcshortreport.com/company/INTV
Too bad we can't get that crazy Redditt crowd turned on to INTV. They made the G-Stop ticker go interstellar.
More specifically:
https://www.otcmarkets.com/stock/INTV/security