Replies to post #18076 on Innovative Food Holdings Inc (IVFH)

[value1008]

Thanks for that chart, Rado. Yeah, sometimes a stock will dip below a strong trendline just to fake out some folks that have stuck stop-loss points (actual stoploss points or else "mental stoploss points" ) there. But that tends to be more true of big board, high volume stocks. Not sure anyone is playing those games here with an OTC stock.

Seeing your trendline drawn, i'm thinking i may have to raise my bid for my shares up a few pennies from my current 1.08 bid level. But i may keep it there just in case someone does something stupid like, "Gee i'm going to sell my shares in this very profitable co. with a strong Q4 coming and go chase some junky bitcoin or blockchain stock."

[fishhunter]

Good chart and your conclusion is likely correct. There are some pretty big positions being accumulated right now. Also some rather large sellers continuing to sell. Seems like a stalemate for now. I still think much of this dip is simply due to the calendar and the sellers wanted to wait til 2018 to avoid a 2017 cap gain.

I have been pleasantly surprised with the ease that I have been able to get to a sizable position. By now I thought it would be pushing toward $2. Afterall it is worth $3 right now even with a sub-market 15 PE.