InvestorsHub Logo
Followers 8
Posts 419
Boards Moderated 0
Alias Born 11/25/2008

Re: feddupwithnitwit post# 21854

Tuesday, 01/11/2011 5:09:45 PM

Tuesday, January 11, 2011 5:09:45 PM

Post# of 23883
Good news,

The good news is not just that it closed at $1.70 (.0017 pre-split) but the pattern the chart is making.

* First time in almost 18 months that price has closed over the daily ma(200).
* Price now gave a solid close above Ickimoku Cloud
* Solid positive divergence on the chart
* Share count is alot tigheter post split, so when we do get the run, it could be very substantial
* Fundamentals are improving (the business is looking better)

ITRO could potentially post profits near 8-10 million, which is 2-3 times the market cap.

Once this puppy posts real growth over 10 million, more speculators will come on board.

I think a $10 price target is reasonably within reach.

From there, if ITRO does the 100X silver project, that would be another 10x revenue, possibly 70million in silver. So can you imagine ITRO at $100/share?

maybe 10:1 split time if it gets there, or else just keep it with the high flyers.