InvestorsHub Logo
icon url

Diversified

01/03/11 7:15 PM

#124919 RE: antiochdavidson #124918

Well,
Maybe not PR'S but everything else is right that X says. I for one would like to buy 3 to 4 million more shares, but can't at this time since my brokerage will not let me TD Ameriturd. Not sure why but DTCC will allow this to happen again.
I am also looking for any positive revenues since IMO that's what everyone is looking for from these subsidiaries. They have a lot of negative quarters and need a nice one or at least a PR stating they have substantial accounts bringing in much needed revenues. Hopefully when this happens they are able to control their expenses.
I am still very POSITIVE and think this price is still undervalued.
Sincerely Long Term Investor
icon url

XQZME

01/03/11 7:21 PM

#124920 RE: antiochdavidson #124918

I'd like to see examples of those companies. With Billions of shares, no pr's, and no revenue doing fine . How can a company be fine with no revenue?

iFinix Capital was launched four months later than initially announced in early July. Several of the PRs released after the Capital launch, IMO, were fluff and had no impact on the share price.

IMO, the large dumping was the result of restricted shareholders unloading their shares. I do not believe the company could have done anything to prevent that from happening. The restrictions were lifted and they dumped, thus forcing the share price down. The dumpers, as I previously posted, were most likely the folks issued large amount of shares at absurdly low share price [.0001 - .0003] in late 2009.

Now it is up to the company to get the stock moving up again. You are correct, time will tell.