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Re: busytrader post# 16042

Sunday, 11/29/2009 11:20:17 AM

Sunday, November 29, 2009 11:20:17 AM

Post# of 68406
Shouldn't buy stocks based on crew picks. Rather, do your own DD. With IOVE, some want you to think it's perpetually stagnant. But there's a difference with IOVE and that is the lack of dilution. The number of shares will enable the price to go up at the appropriate times. The company is not releasing new shares into the marketplace. The downside is that the larger organizations that ran the stock the first time can manipulate the price a bit.

Notice how they scoop up the shares between .01 and .012, but won't seem to let it go above that. IMO there's a reason for that, they're not ready.


DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

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