Replies to post #36 on NIVS IntelliMedia Technology Group Inc (fka NIVS)

[Rainman21]

I was interested in this stock about 4-5 months ago...started a small position inthe 2.40 range but then sold toward the end of the year in the 2.20 range to harvest some losses before year end..DUMB

but when I was first getting into this stock, there was all kinds of excitement between here and yahoo and the other pump pump pump boards...and then boom, it lost its heart beat for months...not much chatter from the boards and from the company itself...it traced back down and thats when i got out...again DUMB

now im slowing starting up a position again, because lets face it, the company has a solid product which is getting consumer attention in china and there is a ridiculously small float..the potential is enormous

my worry is...is this stock going to go stealth again and work its way down?....this excitement sounds awfully familiar and im wondering how manipulated this stock really is...basically my conclusion is to average in, but im watching it like a hawk in case it takes off

any thoughts as to what to expect...looking for insight rather than BUY NOW pumps from those who are going to sell on the next spike....looking for a long position eventually, but for the short term, whats the feel??

thanks in advance