Thursday, June 16, 2005 7:11:06 PM
How can we verify if Nite indeed has a big short position? If true they will cover soon imo with audits in process and even a potential surprise by the company.
here is that post from raging Bull take it for what it is came from a new alias. I just hope its not more pump and dumpers! Thats it for me tonight . have a great one everyone!!
By: trustybigone
16 Jun 2005, 02:48 PM EDT
Msg. 27331 of 27475
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Anyone in on IVFH? Love TNOG (although I think oil $ will be going down now) still but A very reliable colleague of mine in the wireless business who also happens to be an aspiring chef told me over dinner last night that he talked to Chef Joe (one of the higher ups in IVFH) earlier this week. From what he gathered, they are about to release financials to be moved to the OTC anyday now. The accountants are justs finishing up according to him. But the big thing is he said that the financials are going to blow your socks off they are that good. According to my colleague, Chef joe hinted around that they will even be profitable by the 3rd quarter of this year, AND have just about secured a new contract with a vendor.
Now if, andi said if, all this takes place, which i have no doubt it will, this stock maybe the most undervalued of the year. Low OS at 80 million, low float of around 20 million, profitablity soon, moving to the OTC, and a large short position by NITE was taken from last winter that has yet to be covered.
Huge buy here at .055 imo.
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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