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Wednesday, January 20, 2010 1:05:45 PM
The new owner of iFinix has done some amazing things since he took the reigns. I've been in the stock game for a long time, and a penny stock like this one doesn't come around very often. I still have full confidence in this stock, but you folks on this board have to realize, not everyone follows INIX as closely as the people on this board do. Anyone who has played the pennies has most likely been burned at least once, and to be burned, you have to believe in a stock in the first place, to the point that you are susceptible to the lies and tricks perpetrated by the crooks that make a living in penny land. Take the average Joe who is just giving INIX a once over. Everything looks good, he buys in, and then a promise is not delivered on, or a problem occurs and there is no word from the company. He thinks, "Here we go again, I'm not going to get burned this time", and he sells his shares and goes elsewhere, never knowing that he might have just walked away from the stock of his dreams. You folks call these people stupid for getting out early, when you should be looking at them as lost potential allies, and the more allies you have in this stock the better. I believe wholeheartedly that there is nothing wrong with RealTime, it is the company providing the data feed that is behind the current problem, and that's unfortunate for iFinix, as this unknown entity could quickly erode the confidence of investors to the point that more and more people will get nervous, pack up, and leave. You should not want this, INIX needs solid investors who are willing to stick with this stock for the long term, telling their colleagues what a great stock they've found, getting more serious investors to want to buy in. If word from the company is not put out soon, confidence will drop, and instead these same people will leave, and either never talk about INIX, or worse, tell their colleagues to stay away.
A post earlier talked about Microsoft, and how their software was held up for an incredible amount of time. INIX is not MSFT, INIX is a penny stock, and with the stigma that comes with being a penny stock, they can do 50 things right, and one thing wrong, and people are going to get nervous. Mr. Munroe has been forthright to this point, and has delivered on every promise as far as I can tell. My advice to him is to let the investors know what is going on with the data feed. He doesn't need to give a timeline, or a date that RealTime is going to launch, but keeping silent is only going to create doubt, and doubt causes anxiety and apprehension, which are two things that none of us want affiliated with INIX.
This is, of course, just my opinion. I am of the opinion that knowledge is power, and I like to know everything there is to know about every stock I own. I'd be interested to hear other's thoughts on this matter.
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