IT Group Holdings (fka ITGL)

[phoney]

Heavy promo is a must because this is an unknown company. Redchip has limited resources. How can anyone buy even with good earnings reports if it isn't advertised? Sure it shows up in their news release but you would have to have it on your radar screen in the first place. We will need coverage but only when revs and earnings are advancing strongly.

Keep in mind the revs listed in the recent releases are potential numbers if all are contracted. Read them carefully. Don't expect the full amount to show up in the revs. As of right now we have 22M and a 'potential' 8-10M on top (~30M) for 2007 - so far. They should expand at a quicker pace now, I think they quoted 50-60M in the 10K conference, best to keep it conservative and guide higher every Q. We should get Q1 next monday and maybe another conference call leading into the San Fran show. We need 3 days of 1 million (or more) shares traded per day to break through all the different resistance levels. I think the first real one is @ $.40

I would love to know who created the high volume ~300,000 shares a while back with no upside, happened a few times, maybe mm's just grabbing them while people dumped to take part in the major market run.