InvestorsHub Logo
Followers 401
Posts 29617
Boards Moderated 0
Alias Born 08/27/2004

Re: Makamai post# 1110

Monday, 03/09/2009 4:01:21 PM

Monday, March 09, 2009 4:01:21 PM

Post# of 2266
Last couple runs to .02/.03 areas were purely chart plays that gained some momo along the way. Very typical for stocks that drop so much like IFRX did. Traders will flip it and then move onto the next stock. You can see that this move is very different from the other ones, we have a nice sustained move this time. I am expecting updates from the company very soon, and this was also confirmed by BK Gogia. Just a waiting game at this point, but I would rather be in the stock now than on the sidelines, especially if the updates coming out are good.

My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.