Friday, September 02, 2011 3:03:58 PM
My original post in fact, was pretty much apologizing to the board for the post I wrote about Ben the other night. Even though every word of it was true, it was inappropriate and I said that. And then I simply made a comment that there are many people that are still in this stock that are down by huge amounts and that it would be a great idea to lay off all of the company bashing, again, even though they deserve it, all of the comments are not very nice and they are certainly not doing any good. If anything they are rubbing salt in already open wounds.
For YEARS I advocated to people both on the public board, and in the countless dozens upon dozens of PM's that I received, telling people that INIX/INXR is a stock that HAS to be TRADED!!! To simply buy it and hold on is a recipe for disaster as it is an extremely volatile pinky and always has been. I even went so far as to share with people how I trade it, and taught many people about doing versus purchase trades, which is an EXCELLENT way of getting around the first in, first out process that brokers use when you go to sell shares. It is a way that you can sell your shares that are in the green, while you wait for the shares that you are down on to appreciate in value.
Even though this company has been mismanaged almost from the get go, during the last 3 or 4 years it's been one of the best trading stocks I've played. When everyone was bashing the hell out of the promo company MEC, that was in on this for a while, I quietly traded the swings AND offered to many people that PM'ed me exactly how to play it. Some listened and made money, others just held on and we all know what happened. It eventually lost all of that value it once had.
All of the bad things that can be said about this stock will never change the FACT that INIX/INXR has always been a great stock to trade. But you do have to trade it to make money. That same application holds true for 99% of these small stocks. The sooner people learn that, and start doing it, the sooner you will see less posts from people talking about how much they are down.
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