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Re: positivealpha post# 2598

Thursday, 04/11/2019 7:18:37 AM

Thursday, April 11, 2019 7:18:37 AM

Post# of 20604
I understand why you would feel that way, but as a long time IRNC shareholder, I can personally tell you that if there is one stock without smoke and mirrors, it is IRNC. If anything, they don’t boast enough, or reiterate their progress in more depth. They are VERY accomplished in an extremely lucrative and high-demand sector, and I was unbelievably upset at first when it slipped from .20
to .03...Then, I noticed a few things. Look at the volume on the 3 days that purposely put the market in a panic-sell state, reducing the pps from .20 to where we are today: 53k on 1/25, 75k on 1/28, 68k on 1/29 led to a panic on 1/30, and even then only a handful totaling 700k were willing to let their shares go). 3 manipulative days on incredibly low volume (about 8 short-sell trades) brought the price to its knees, creating increased volume, and ultimately leading to a short squeeze starting on 2/1 for a 450% rally.
Since then, they have been able to rinse/repeat in this range and make a killing. I have now tripled my position, and can assure you that when we do get news, the 50+ % short interest will lead to a monster squeeze. With no PR in this amount of time, the next one will be significant. HUGE following here...$.10+ is very realistic. (Still just 1/2 of the pps when they executed the perfect short). Now, we are bouncing off of a hard floor. IMO, squeeze of the year very soon...

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