iGen Networks Corp (IGEN)

[SPORTYNORTY]

Of course there is. Very simply, DILUTION.

Once this ends the stock will reverse back up, VICIOUSLY.

Will IGEN go back to .08++. Not without substantive news.

Will IGEN go back to .007--.02+, LIKELY.

When dilution ends and the selling pressure is done, a stock will gravitate back up. Part of this is attributed to gravity, part of it is by buying in the absence of selling and the remaining part is news driven.

IGEN, relatively speaking, is not a diluted sub penny pig like most of this crap. They only have 740 million shares in the A/S, with SUBSTANTIAL INSIDER BUYING. The Insiders obviously know more than us, and they simply would not buy if the company had no hope of turning it around. If the dilution comes again tomorrow, and the next day, so be it. Sell when the pain is too much, or the gains are high enough.