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Saturday, June 12, 2010 12:00:04 PM
In pink land DD doesn't really matter much unless you are measuring spec quotient. These pink stocks rise on speculation, not fact. And when a company starts to actually sell something the rules change suddenly. It's just the opposite in the real world.
Yaacov has played out the speculation crowd and they've all left because it's all old hat, nothing new. He's been needing financial numbers and even then this stock won't move unless there is serious numbers. What's indicated is that a few units are selling here and there but nothing to actually sneeze about or make headlines.
All of us would agree that Identa has patents and these are really progressive until someone comes up with an electronic device that can sniff out drugs and bomb material. There are people working on this and it's a race with the clock when IDTA product will then become obsolete.
Personally I wish the product labels were a bit more attractive for shelf appeal.
All of this is JMVHO.
Woody, at peace with himself, Yaacov and IDTA. I averaged down and bought enough at .0002 to come out ahead when it hit .0034. I had over 7.5 million shares. I'm not sure with the dilution that it will pump-and-dump again but these pinkies can lift off with no warning. I wish it will for all you guys. I really do. And if IDTA coasts back down to .0002 I'll be there with buckets and a pickup and a bank vault.
As I was going up the stair, I met a man that wasn't there. He wasn't there again today. I wish to God he'd go away.
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