Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks again, gm
E
Thanks CARS. Appreciated!
Erik
Thank you. Wow! 5! That's many many kids.
Some active seed you have there. LOL
I'd be happy w/ .05 by the end of the week. But .015 is more likely. Also wish I had more shares. Even if it really runs, it won't change my life like it will some of you here. And I'm happy for those of you that have made big money and will make even more. Nice job!
Hope I can get out of this hole I've been in for so many years. Need to make some 'net' profit trades weekly.
Thanks again all IFSL'ers.
GL
Erik
Thank you..
Thank you all for the congratulations on my new baby girl. It's been insanely difficult the last 40 hours and it's just started. Whoa! What an incredible blessing! Thanks again! And I look forward to IFSL being over .01 when I wake up and look @ the price on my laptop @ the hospital. Hopefully we get to go home Monday.
I think this week will be the biggest of all since the last 100% Move.
Good Luck,
Erik
Let's hope so cuz...........I just became a pops! 1st baby! It's a girl! Now let's get IFSL to .05. Need baby cash!
Monday or Tuesday could be the next break out day. If not we'll see 10% to 25% moves before the big earnings day of 100% or more!
GL
See ya all Monday!
Erik
Hey, happy hour!! No post count! Post as much as you like! rock n' roll! Now, as of the price of IFSL in Oct. I think .025 sounds about right based on past patterns. But you never know, we could surpass what history has shown.
I had another friend buy some shares today. Only a small amount but at least they'll make a bit of money here. I still feel confident about telling a friend to buy IFSL. Sometimes it's a bit scary when someone takes your advice about buying a penny stock. You could easily lose a friend when you 'help' them lose all their money. But NOT w/ this stock.
Chart looks great!
GL
Erik
C'mon guys, get to posting! Let's get this board on the top! I wonder what news we'll see before Q3 numbers come out. Maybe they will tell us they retired the complete A/S. -
GL
Erik
Ameritrade shows the 1 mil trade was @ .0085 but Alpha trade shows it @ .0084 then a 5k order @ .0085. Very strange. Either way we're @ .0085 right now w/ 3.4 mil volume. Very low & slow.
Erik
IFSL wound tightly. Anticipating Q3 revenues to beat last Q. Should see a break of yearly highs coming within hours....today or Monday.
GL
Erik
Looks like we're holding on to the 10 day MA. This is very close to busting out. We should extend our yearly highs even before Q3 numbers. Maybe even before any other news. Technically, this is wound up tightly and is ready to 'spring' to .015!
GL
Erik
This is sooo slow Today. Next week will be the kicker. Maybe the buying will start last 30 minutes of today.
E
PUMP & DUMP SCAM!
get out or lose all.!!
E
A gift:
If anybody's interested in reading an excellent book on charting you should get Jeff Cooper's, "Hit & Run Trading". I have the 1st 2 written and will buy the new, updated one soon. These are the best 'charting' books I've read to date. You will thank me, I hope! :) - This will make all the difference in your trading world when you apply these simple & absolutely effective rules.
And based on some of what I've learned from those books, IFSL analysis on the monthly chart:
August's high, as you know was .0117 - September's high is .011 - The low of sept. was .0052 and closing out the month we should finish in the upper half of last months candle, or higher. If that happens, which it should "the following month, Oct., has an extremely high probability of breaking August highs and breaking out. We all know this will happen based on knowing what's been happening w/ the company as well as what's about to be known about Q3 numbers. With that in mind, if I never looked at the news and only the chart, I would place a buy order, a certain amount above the break of September's high's; based on the book.
The examples in the book are of much higher priced stocks and used fractions but the principles are very much the same for penny stocks. As long as there is regular volume and news to drive the price and technicians to use basic setups to buy and sell the stock.
Then of course the technical resistance of past highs which are: .014, .016, .025, .028, .035, .055, & .12...etc - But to me those numbers are basically invalid due to the change in share structure and the split in Oct., 2006. So, I don't feel we'll see much of resistance on those numbers specifically. The resistance numbers will be more of the psychological ones of .015, .02...etc... Basically, round numbers.
I'd love to know who buys this book and what you think of it and how it's helped your trading. As well as if someone already has it and uses it daily.
Good luck,
Erik
IFSL - solid buys today, break out tomorrow or Monday next week. Look for movement in anticipation of solid Q3 earnings. A penny stock with revenues!! Yes, they have cash on hand too, $1.2 mil. Check all news for IFSL!
GL
E
Most penny stocks & start up must make those statements. Find another stock that has those words in it. won't be hard. Most of them do. It's called 'full disclosure'.
E
.024 bid back up. If we close @ or near .03 we should see it become the bid and support. More news please.
Erik
Looks like it. .009 not far off. A couple of mil will do it.
Let's go!! 87's up! Nice. Maybe 20 mil vol. today. Should be the 1st of many up days here starting right now!
GL
Erik
Yeah, 2.8 mil or so. That's 1 buyer. Just wait. 3, 4, 5, buyers like that and we'll see .01 in a minute or 2.
GL
E
Whats up with the website? Flickers. Does it do that for you guys? http://www.fastech-inc.com/
Well, I see .0006 bid. Think we may move anywhere on this news? I know audited financial's are what the investors want to see but looks like the bid wackers stopped and the ask slappers started on the 6's.
guess we'll see.
GL
E
Here we goooo!!! Nice buys! This is it!
Erik
IFSL will break .01 w/ pressure to continue thru yearly highs. Watch for volume spike to bust 85's. 1 mil trades right now...here we goooooooooooooooo
E
Wow, hasn't traded since I left. Looks like 84 just came back in on the bid. We should hold 8's today looks like. We should close w/ 15 mil volume today as well. Decent volume for a very slow day.
E
Exactly what I said. And who's hitting the 8's right now? Suckers. Could be a sign of news coming. Many times I'll see a small drop in price right before news hits. So 'they' can pick up shares cheaper. Those cheaters.
E
Should be closer to 4 weeks for the Q3 numbers. Quarter ends 10/15/09 so it will take a few days after that to hear anything. Look more towards 10/20-21/09 -
Erik
Let's see a break of .0095 on Thursday! All we need is 30 mil traded and we there. Maybe less. Can't wait till 10/20/09 or so. Q3 numbers! .025 stock price!
Let's rock!
E
j s - the bid/ask after hours doesn't really mean much. If you watch every day, you will see that the spread will increase significantly when the market closes. People usually remove their orders after the market closes and then re-enter them in the morning accordingly; i.e. news, or Pre-market trades. So don't pay much attention to what happens to the spread AH, unless there's AH news. Then there will be some interesting changes to the spread.
Actually, the bid/ask on my L2 is still @ 84 x 85 - No real significance there.
I had one of my friends buy in today, finally. They had to fund their account and picked up some shares this afternoon. I feel confident they will make money from here as will all the longs.
GL
Erik
Remember, the 'big' buyers, when they come in, don't want to 'run the stock' to quickly, so they buy over a period of days. You'll see all different size blocks going through for an hour or two over 3-4 days, that's when 1 big buyer is taking a position. They also do the same when they sell, being smart about it, they will sell over a period of time.
GL
Erik
Yes, some big buys hitting the tape! Still shows 2 sellers @ .0085 - I think that there are some big buyers trying to get all they can so the MM's are trying to accommodate them by not raising the ask and filling those shares 'under the radar'. You'll see when a few small trades come in @ 85 and the ask moves up that the bigger buyer is done. Which may be soon. Watch for the small trades to take the ask up!
Looks like the RSI is hanging around 60 for a few days now. Once we break .0096 and RSI passes 70 we'll see that .015 we've been looking for; w/ 80 mil shares traded that day. Very soon!
Erik
That's so funny. I was just thinking exactly that! That today's candle is setting up as another inside day. You know what that means! Break out tomorrow.
We'll see, it's not as a perfect set-up as the candle on 9/11/09 after the bigger drop from the highs. Today would be an inside day from a much smaller drop so it could actually go either way but I think with what we know about the Q3 which will be out late Oct. this will start to trade up very soon.
Erik
Exactly. If they need money, they're not making money. Not the case. So no need to sell the shares. They will announce the drop in A/S soon.
E
Very thin. When more news? Still want to see something regarding actual money. Do they have anything that can bring in revenues yet? Anything??
Erik
Will be lowered.
E
Not going to happen.
E
Any small buy @ the close is a 'paint'! And someone trying to 'help' the price. That's as much manipulation as when MM's do it by - 'making a market'.
All the matters is how the stock is trading over all and look at the price today. Not bad with all the 'manipulation' going on ehh?
.01 end of week or mid next week. get some before then or chase higher. .007 may be gone forever....maybe not. We'll see.
GL
Erik
Spoke to Paul for a while today (33 minutes). Similar info as others who've spoken to him. Very confident & excited about the company. Website issues should be address soon, as well as other things on the site to be completed.
I suggested to have yahoo finance to be updated with all the links to be working. Hope that stuff gets done quickly. I know it doesn't take more than a few hours to do.
I bought this stock based on earnings, the PR in June. And I believe this company is going to continue to grow.
I have to call him back to ask a few more questions as he spoke at length about the 'history' of the company & the future.
We touched on the A/S and I'm sure it will be discussed on the CC and spoken about w/ Steven S. I really don't think they will ever use the A/S if they don't retire them. They won't 'need' to dilute with how they are making money!!
Can't remember everything we spoke about but mostly that IFSL will be growing in the next 12 months.
I'm hanging on to my shares and may make a sale here and there when we spike, but over all holding for another 8-12 months or so.
If you sold and want to get back in do it under .01 if not do it under .015 - if not .02 won't be a problem either as I think we'll be @ .03 sooner than we all think.
GL
Erik
Paul emailed me again......
"Erik
I see your cell phone # @ the bottom of the page. It looks like you are in the burbank area. I'll call you a little later today. Normally when I get Emails as long as yours the people are almost never satisfied with a written answer. However after a 20-30 min conversation you will come to realize that those aren't the important questions. I look forward to speaking with you at length this evening.
Paul"
Cool!!
Will post later with as much as I can remember from the conversation.
Erik
I agree. I hope they can put out some new info soon. Would be nice to see if there is any progress.
Erik
I mentioned in my email to Paul that I was interested in seeing some of the answers in 'written form'. I kind of knew I wouldn't get that.
"Erik
Thanks for the questions.
Why don't you Email or text me your cell phone # and we can set up a time to discuss these 1 by 1.
Paul"
I will talk to him sometime today and let you guys know what I find out. I'm sure it won't be much more than what is already known here but I'll try.
At least I'll hear for myself and my own comfort in my investment.
P.S. I did have my cell phone # @ the bottom of the page and said to call me when he was available to talk about my email. Shows me he didn't read the whole thing. Hmmmmm.....
GL
Erik
Think we'll see .05 ever again? When will they stop messing around and start running this company right?
E