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Saturday, May 01, 2010 9:49:01 PM
#117777
It makes no difference what the numbers are, Inix is going to be very stong over next year or two. VERY STRONG.
The market does not trade off balance sheets. I told you this the other day, its demand for the people or the company.
Example, GTN and 5,000 similar companies 1 billion in debt and 10 million in cash. They will not be able to pay back that debt in our lifetime. Why are people buying that stock and why has it gone from .40 cents to almost 5 dollars the other day, ITS NOT THE FINANCIALS PEOPLE.
GTN:
Exchange: NYE
Shares out: 42.9 million
Shares auth: 100,000,000
Revs 09: 270.4 million
Broadcast license value: 819 million
Total assets: 1.25 billion
Total liabilities: 1.06 billion
@219 k shares traded Fri - not too many are buying.
That entire industry sank and is now rebounding.
Why did INIX go from 0004 to .05(Dec 1st) back to .09 couple weeks ago??
GTN lost more in cash than we can expect iFinix to record in prob. 5 yrs
I dont know why your not getting this. Inix will continue up for one reason, they are excelling the competitors in speed and demand. This will only get better as they do not have to work out of a hole like most of its competitorrs. New way of doing business now.
With posts such as the italicized one above, some new investors could get hurt should they ignore looking at this or any other companies reports and just go off this or other boards.
Do your homework or trade the pump, it's that simple!
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