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conix

07/08/21 4:06 PM

#20 RE: ProfitScout #17

ProfitScout? Do you have any insight on how poorly IKT is acting? Any near term catalyst that would get the attention of investors?

When you sell $45 million worth of shares at $3 and the stock goes to a 15% discount to THAT DISCOUNTED $3 price, you have a huge probability that $3 is the near term resistance.

So, who would buy now with the prospects very poor that a $3 plus price is possible in the near term?

Thanks in advance for any opinion you can advance.

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conix

08/13/21 8:30 AM

#22 RE: ProfitScout #17

There must be a bottom here at some point. But who wants to try to catch this falling knife.

Better to wait for a high volume close above the 10 DMA before getting in, imo.
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conix

08/17/21 12:16 AM

#23 RE: ProfitScout #17

IKT is lower in After Hours Trading.

No confidence in management

Ticked off investors from the IPO (in Dec.) and the secondary in June at $3.