iPackets International Inc. (IPKL)

[qtipjoe]

I think you may have seen 0.05 and not 0.50. However it makes no matter with these penny's. If you look at a few of them they will start of with a bang and then settle down. The main problem with penny's is everyone tries so very hard to buy at the bottom. If you think about these prices sometimes bid and ask are only 10 bucks apart for 100,000 shares. If we can't find anyone who will bite the bullet and take one for the team the price will never go up. If a few people pay ask the price moves but too many of us (and I include myself at times) buy our position and sit and watch and wait for the pps to rise. The result of that is that it never does unless there is fantastic news. The other thing that keeps the price of penny's down is perception . When a stock closes each day just a bit lower than the day before the only thing work a day people can see is red. They look at red for a few days and move on. Of course all on the is an opinion which has no basis in fact. GLTA