Ifinix Corporation (INIX)

[forgreen]

That's right and on the charts volume will show the price is in reality getting glued to 1 cent and preparing for a descent into sub-penny land. It already touched 0.009. With the on balance volume of sales at a penny outweighing any attempt to paint the tape at 1.5 cents, the end of last week showed the stock in a full on decline, not setting up for a reversal.

You want to talk about charts? The charts say look out below. It is only responsible not to lure in gullible newbies thinking they know how to trade this stuff. MGB is right. The wide spreads are obvious now and when a spread is that wide, the game is almost over. When the stock is selling off on the Ask at below a cent there is nothing much that would keep it above half a cent for long if the selling ramps up.

Don't ever forget that these guys dumped 10B new shares into the market and sold them off at whatever price the stock was trading at. They didn't care if they sold a billion shares for hundredths of a cent. To them cash is king and dilution = cash. They have no business revenues. If they want income they will sell more shares.