IMO, nothing happens until the company releases some positive news i.e. DTCC progress, iFinix Capital progress, iFinix Futures/Forex revenue, etc. With the current information vacuum, there will be no reason for investors to accumulate. The company announced that it would hold quarterly conference calls. It’s Feb so when will the conference call happen? I'm sure there are many investors that have a ton of questions to ask iFinix officers.
IMO, the financials will be awful and that will not help matters much. Last year, the company filed the annual report on March 31 so we still have some time before the 2010 information is released.
I am like many here, a totally flattened bag-holder with many millions of bottomed out stock. Its a great entry point for newbies but it stinks for most who got in well above .002 Hard to believe INIX was at .045 around this time last year. That's a 6,000% drop to the current price.
I'm hoping the economy improves and the market keeps improving so folks use iFinix Futures/Forex and build revenues. Futures and Forex are the key, IMO, to becoming profitable.
I do believe the stock is poised for a rapid increase if the right conditions are satisfied. For me, anything less than a true increase toward pennyland and not a short-term momo run, will be a huge disappointment. I still believe in iFinix, however, it has been very tough to keep the faith.
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