InvestorsHub Logo
Followers 84
Posts 4399
Boards Moderated 0
Alias Born 04/18/2010

Re: None

Monday, 04/18/2016 6:29:31 PM

Monday, April 18, 2016 6:29:31 PM

Post# of 82575
There is nothing revolutionary about iTalk.

Let's look at the reality of the situation...

There are numerous telecommunications company already being priced out of the market.

Sprint, what could be considered iTalks 'smallest' big competitor has 3.8B shares outstanding at $3.5X pps, with a market share value over $14,000,000,000+.

iTalk has 1.8B shares outstanding with a market share value of $4,525,000.

It's night and day, there is no way that iTalk can reasonably compete against even the smallest of telecommunications companies.

Based upon the stock photos above, they would have to be a discount service provider. The cellphones,hotspots,laptops all appear to be older generation equipment which already sets iTalk behind the curve.

On top of that, iTalk does not have its own towers or infrastructure which means that they would have to lease the lines and that would be extra overhead that would capsize an already infantile & futile endeavor if it were ever genuine at all.

Sometimes, emotion drives trading and that is when your losses can add up.

There is no 'to da moon' here and anyone holding that many shares under the presumption that enough volume will come through for them to sell those shares at the value they want is a very, very amateur move, I.E. it won't happen.


My post is my opinion only. Manage your own risk.

Ut sementem feceris, ita metes



Ipsa scientia potestas est



Join the InvestorsHub Community

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.