Ifinix Corporation (INIX): Interesting perspective. I personally wo...

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mimurray

Re: acid_jazz post# 109174

Sunday, 01/03/2010 3:12:32 PM

Sunday, January 03, 2010 3:12:32 PM

Interesting perspective. I personally would never attempt to try and predict the pps on such a low float stock because they are so unpredictable.

If history means anything, when we push through the current upper resistance, around .035 We should see a fairly rapid rise to .10 which will be another key resistance point. When this went to .15 we had .10 as a support level for a while. When it finally pushed through the following decline was pretty quick.

A lot of people own this stock in the .02 to .03 range so we should move pretty quick to .05ish and then expect to see some profit taking. If people are smart they will take minimal profits because this stock is worth way more than a nickel and for those that exit completely they will be leaving a lot on the table.

Suffice it to say the trading over the next couple weeks should be both exciting, and quite unpredictable.

"Sort of" is such a harmless thing to say. "Sort of". It's just a filler. "Sort of" - It doesn't really mean anything. But after certain things, "sort of" means everything. Like after "I love you" or "You're going to live" or "It's a boy".