May I vent please:
What yahoo drives the last price down, buying 200 shares of IFXY for .205 a $40 trade? better yet why would anyone sell to fill
that order at .205? Maybe my thinking is flawed but this seems silly picking up so few shares meanwhile diving price back down.
Next, I call TDAmeritrade because the online wont let me buy at .04 - and even though the Rep could verify the lift of the Chill TDA still wont allow opening trades on this symbol. WTH kinda antiquated show are they running over there. Im not impressed with them in this electronic age. Evidently mid month DTC sends them an updated list of active Chills, and until TDA receives this list, even though their clients call in, they will not activate the Buy on IFXY.
Infrax still has money pains but they have no choice but keep fighting up hill. They are quite the talk in certain circles. My country club member boss is neighbors with a cousin or is it an uncle to someone that knows someone dating and Infax employee. Seriously.
Itron has sanctioned Infrax's technology as a promising solution, this is quite notable and is why Infrax is the only partner in that niche space. So yes Itron has their hands on it but not as much in the sales form yet. Itron has possibly given feedback on packaging arrangements that will inspire Itron to become incensed to sell the hell outta these things.
With any "Joint" project, NDA's are in place and this may be playing out more like a gag order, likely just erring on the side of caution is my hunch. Remember they have previously released their intent to do things and then after due diligence find the idea doesn’t materialize fully in Infrax favor. Should they keep trying to make something optimal happen or give in or give up to some lesser deal. Idk.
If I ever have kids my advice to them: Never lend money that you expect or need to get back. If you dont have it to give outright then just dont loan it. Same with stocks, if you speculate the investment will payoff then give it and forget it. If it comes back in multiples great, if not then wait longer unattached or affected by the ultimate outcome.
This is a great forum you guys, and a worthy group for all us to discuss. Best of luck to all.
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