My First Post.....
1-26-2010....
(With updates)
INIX Obama and the market
I became aware of (inix) last year from a co-worker.
Being weary of the markets I did a small amount of research on this co. and decided to take a shot around Oct. So far I have been as much as 150% in the green, varies daily these days. While 150% is nothing to complain about I realize I should have acted earlier than I did. The things that held me back was the outlook on the future economy (Hasnt changed but worsened in 2011) and a new president that spoke a bit too well,total opposite of the mess we were getting rid of. While Im pretty sure the company is on the right track (stupid me) I am still weary of the future market for it's product. (smart me) People are cutting costs at every turn they can these days. I am hoping that the company can deliver a product that will out-perform all the others out there giving it a "self selling" title. (yeah yeah, the hopey changy thing)
The past couple of weeks I have been reading alot about where people thought the price was going when the "product" hit the public. This reminded me of the old saying " buy the rumor - sell the news". (again knowing better) Unless some great news from the company comes out on the drop of a hat, I believe we will have to wait for encouraging financial/subscription numbers to hit the air before we ever see .10 or above. imo
(subscription numbers, whats that????)
Sorry if this sounds a bit negative but Ive learned to expect the worst while hoping for the best these days. Im going to wait for the first couple of quarters watching subscription numbers to make any long term plans while watching daily for a quick maneuvering/posturing either in or out of shares held.
OVER 1 year ago..... Within that year I have increasingly doubted every turn this company has made as well the board has projected.
The "Realtime/Trader" programs are but a memory as are the "subscription revenues" expected by the company.
Proactive.... For a brief moment I had a tinge of "maybe they can come alive"/management.... UGH............
Forex.... Ive heard more about their "practice accounts" than I have any real accounts..... UGH..........
ICapital......... NOT HOLDING MY BREATH!!!!!!!!!!!!
400mm shares cut to 244mm shares upped to 700mm shares, as investors were still digesting the "dividend /forward split/warrant bs, we got a big old "whatfer" sneaky rise to 900 ma ma million shares...
Hellooooooo..... McFlyyyyyyyyyyyyyyyyyy..............??????? the warnings were sent!!
Right now, if this company is on da pinks for the rest of the year it is to pay the insiders. IMO.... ;) Yes there are worse companies out there but this has gone full tilt. Future dilution??? What else is there? ... Hmmmmmmm, a Buy Out? Privatization? Bankruptcy?........... The fact this company p1ssed away so many years on "perfecting its core product" only now to strive to become some state of the art " High profile brokerage firm" is almost insulting. The dollar is being laughed at across the world but we gonna grab the disgruntled investors from TD and Etrade.... UGH.........
Hows dat for REALITY vs B.S.
(one of dese dayz BS gotta win, no?)
AHAHAHAHAHAHA
:)
AI
