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Tuesday, January 26, 2010 5:37:48 PM
I became aware of (inix) last year from a co-worker.
Being weary of the markets I did a small amount of research on this co. and decided to take a shot around Oct. So far I have been as much as 150% in the green, varies daily these days. While 150% is nothing to complain about I realize I should have acted earlier than I did. The things that held me back was the outlook on the future economy and a new president that spoke a bit too well,total opposite of the mess we were getting rid of. While Im pretty sure the company is on the right track I am still weary of the future market for it's product. People are cutting costs at every turn they can these days. I am hoping that the company can deliver a product that will out-perform all the others out there giving it a "self selling" title.
The past couple of weeks I have been reading alot about where people thought the price was going when the "product" hit the public. This reminded me of the old saying " buy the rumor - sell the news". Unless some great news from the company comes out on the drop of a hat, I believe we will have to wait for encouraging financial/subscription numbers to hit the air before we ever see .10 or above. imo
Sorry if this sounds a bit negative but Ive learned to expect the worst while hoping for the best these days. Im going to wait for the first couple of quarters watching subscription numbers to make any long term plans while watching daily for a quick maneuvering/posturing either in or out of shares held.
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