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Re: Paul A post# 186610

Monday, 12/29/2003 7:01:52 PM

Monday, December 29, 2003 7:01:52 PM

Post# of 704041
I think INVN is for real, it has been a steady rise now for months... I am actually looking at IMX, an outfit with a pretty good explosive detection technology (INVN has a "look see agreement with them to act as distributors for airports). I have been accumulating this one for a little while now, the float is very small and some times barely a trade, so I decided no to mention this, some people on the thread gave me a hard time (rightfully) with another low trading volume outfit (HOOK). Of course, now I am exposed to complaints about "front running", since I have been buying slowly since July (some just under $5.5, added more between $6.5 and $7 and will add more between $8 and $8.5). In July the typical daily volume was in the 5000 shares or so, recently it is much better in the 30,000 or so (guessing). Mind you, the balance sheet stinks and cash is very light, but if they win any substantial contracts to deploy systems in the field, the market cap could blow from the current $60 MM to $300 MM just on the hype (like INVN did two years ago) ...."Could" and "Will" are however different words.


AZH

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