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dadeano

07/23/17 5:09 PM

#48039 RE: Labradorite #48037

Disclaimer - I am 100% bullish here, both short and long term. No brainer at these prices.

But whenever I've been involved with a stock sitting at a penny and the "going to $1"/retirement talk starts, I start to pump the brakes. Can we see Cannanet first? Can we see the ad revenues it'll bring in?

I'd love for this to be an investment stock, and it could be if Tom comes through. I am one of the most patient investors out there. But to talk that way in penny land where impatient flipping and next hot thing controls pps, is a bit disconcerting. I will exit depending on how the company progresses, I'd love to hold for 10 years, but if I'm up 1000% and I see questions with how Cannanet will succeed, you be I'll exit...

greenwillow

07/23/17 5:13 PM

#48040 RE: Labradorite #48037

When I look at the valuation of INMG ($3M), and the other 2 companies many are using as a proxy, the more I realize INMG is significantly undervalued here.

At the very least INMG should have a market cap of at least $9-$12 Million, given what they've accomplished up until this point.

That puts INMG @ $0.04 to $0.05 per share.

DR is right, without hearing some more from INMG, it's tough to speculate how big cannanet.tv could be, especially when we barely know what it is yet.

I don't see too much more value here until Tom shares his vision, which we're expecting soon.

INMG should be 300%($.04) to 400%($.05) higher before beta launch on Sept 1 & 2, if we're valuing INMG using those proxy companies.

GLTA

T-Sizzzle

07/23/17 5:50 PM

#48043 RE: Labradorite #48037

Selling at the top is purely luck, as you pointed out.

I'm going to use a trailing stop for this thing. If it takes off, I'll get out at a predetermined point below the highest close. The difficult thing in that is how far do you "let it run?"

I think 35% is reasonable for a penny stock. With a 35% trailing stop, OWCP investors would have gotten out at $1.75, rather than ride it down to $0.45. Hindsight, to be sure, but with that plan in place they save a ton of "winnings." A 1M share position saves $950,000!

Clearly this is important to me. Is anyone else concerned about having a decent exit strategy for INMG after their accounts get fat? I'd like to hear other opinions if anyone's interested.