Wednesday, May 31, 2017 2:06:23 PM
The key is to avoid total wipe outs. IFON has as close to zero a chance of going under as you can possibly have, for a 6 million market cap company, or a 40 cent stock. Period. That's the end. Oh, and that SPI that went from under 30 cents to $2.40 in two days, then back to $1, was up to $1.60 again today. My point about that company is that major moves up can happen from these leaky lows. At some point you hit the no risk price.
IFON can go to $1 in two hours. It has already proved that last month, as it went from under 50 cents to $1.04 in hours. Name another stock that can do that, that doesn't have a chance of going down huge. Nothing to talk about anymore. The good news with IFON is that you can tell that those who bought high felt real pain, so they unloaded and now we are ready for the move up. In order to get the low price you need exasperation, where people blame management. Those people end up selling to the market makers and then the market makers run it up and attract new groups of like minded suckers who always buy high.
I figured this one out. There will be multiple spikes higher soon.
FEATURED North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM