Ifinix Corporation (INIX)

[wallymac]

The common theory is that MM's pick on companies after they research them. I highly doubt that the MM's actually know much about the companies. They are like traders just playing the Momo. Once in a while they get caught, more often than not in the penny world the company isn't on the up and up so they win.

I also believe that there are some traders be it a group or not that read the boards and laugh because they are the ones doing the manipulating the stocks but the MM's always get blamed.

As someone pointed out earlier, people flipping the stock don't care about the story or the fundamentals. All they care about is getting in low and selling for a profit. The profit could be 10%, 25% or higher. They simply don't care as long as it's a profitable trade. They also sell quicker if the PPS is dropping because they aren't looking to hold and therefore want to minimize there losses. That's all part of today's market.

I really believe that there was a market order sell that helped take the PPS down today. with a Market Order sell the MM's can take the PPS down in order to make more profit. It snowballs since people just see the PPS falling and get out in a panic.

Lastly, on another board someone asked me if I thought INIX need to get on the OTCBB. My answer is not now. It takes a good chunk of money to do an audit of financials. At this time the money is better spent growing the company. The PPS only effects the company if they need to raise Capital or make another acquisition. I want to see the company follow through on their business plan. If they do the PPS will follow.

Sorry for the novel here but I was on a roll.

GLTA
Wally