Replies to post #16345 on Identa Corp (IDTA)

[chainma1l]

Taxes on their non-existent profit is not what is going to hold IDTA back. $200,000 in revenue after almost 10 years might be the problem. Caveat Emptor doesn't help, but if the company had any respect for the shareholders that would have been taken care of months ago.

[madmax]

Just remember that they always make one big run up before they change hands so all the insiders can dump shares they own ,once that is done,then the Marketmakers will run price back down to nothing before a R/S ,now the BAGHOLDER will be all the suckers that buy near the top and hold all the way to the bottom ,that is why you always take profits on the way up and trade with FREE shares ! I have see this in many pinksheet /greysheet stocks over the years! !
That why you play the chart ,if break certain levels or indicators you must sell ,do not let your emotions control your trading !

MADMAX