AI
Thursday, October 22, 2009 6:13:39 PM
IOVE - I still predict this stock will be trading at .056 (200 DMA on daily chart) or above in the coming weeks...
I have been trading penny stocks for nearly 7 years now, and this is the first penny stock that I have come across that doesn't dilute.. This stock has the SAME exact share structure as it did back in 1996... Back in 1996 they had 4.36M shares O/S, but recently they did a 1/100 forward split thus changing the O/S 10x..
Share structure on the stock.
Authorized -- 450,000,000
Outstanding - 436,399,500
Float-------- 328,018,200
They've got TWO Divy's in the works over the coming weeks..
Fully reporting Pinksheet with revenues and no dilution.. Keep this on watch!
![](http://stockcharts.com/c-sc/sc?s=IOVE&p=W&yr=2&mn=6&dy=0&i=p93541659768&a=180579515&r=923">)
I have been trading penny stocks for nearly 7 years now, and this is the first penny stock that I have come across that doesn't dilute.. This stock has the SAME exact share structure as it did back in 1996... Back in 1996 they had 4.36M shares O/S, but recently they did a 1/100 forward split thus changing the O/S 10x..
Share structure on the stock.
Authorized -- 450,000,000
Outstanding - 436,399,500
Float-------- 328,018,200
They've got TWO Divy's in the works over the coming weeks..
Fully reporting Pinksheet with revenues and no dilution.. Keep this on watch!
Who's ready for football?
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