Ifinix Corporation (INIX)

[wallymac]

Let's try to put a little perspective on this.

Between Friday and today around 10% of the float has traded. Doesn't seem like a massive sell off to me.

Some people have been holding from the triple and double zeroes. Holding a million or more shares would have been easy to do.

The bigger market has been down. What happens when the market goes down? Some people who buy on Margin are caught in Margin calls. The first stocks to be sold to cover margin calls are non marginable stocks like INIX.

Are some people getting worried? I'm sure they are.

Couple all that with the longs that have continued to accumilate but are now either out of money or will only commit a certain amount of their portfolio to one stock. So, this means a bit less buying from the Longs and a bit more selling and you get the PPS drifting down.

None of this means anything has changed with the company or that someone knows something bad about the stock. It's just the fluctuations of the market.

Everybody has to make their own decisions as to buying selling or holding. Trying to read more into trades than individual motives of taking profits or moving capital to stocks that are running creates a lot of uncertainty.

Once the Full RealTime product is launched and the Ad campaign along with it, we will see what happens.