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The accumulation chart is a figment of our imagination. Sounds about right. It’s not “real” accumulation because the price is low. Lol. Right…
Accumulation on the bid... followed by huge dumps if other buyers come in to dissuade new investors.
Simple.
Lwolf1 ,,,, according to your theory on light volume the MMS would drop price. I was waiting and wondering ;)
When there is REAL accumulation, the price of a stock rises steadily - it does not decline steadily and precipitously.
Let’s get real here.
“Accumulation is through the roof”
BWA HAHAHAHA. HA.
Have you seen the Accum Chart? Who’s loading up then?
I agree there is a nice spike due, for sure.
Not at all sure about Sarge’s theory that MMs are accumulating shares though.
Hell, if this was the case they would have billions and billions by now, since IGEN has been dumped steadily for going on three years now.
If we are having this same conversation a year from now and the price is down here or lower, then we’ll know who’s right, yeah?
Yeah, but they’ll dump until they don’t, right? They are trying to scare LT investors out of their shares to scoop them up at these ultra-low prices; you know this. The name of the game is is to stomach the volatility until the MMs are on your side and they run this sucker up like crazy…it’s coming
Not this past January. Maybe the January a year earlier.
Don’t forget:
1. OS much bigger now
2. Folks are MUCH more wary
3. Chan has lost all credibility
4. The technology is a few years older
5. MMs (Chan) will dump HARD into any rally
We need a Picasso to show up
The stock markets closed September 5th and next week from 7. I hope to see more government contracts , credit unions ect and profits coming in and more on financials..
No MMs sightings this has to be coiled tight and ready to blow .....
I remember in January, I believe, we had a huge day after a form 7….I think we traded like 1/2 Billion shares, so it is possible
It SHOULD be hard to argue with facts.
We would already be well above .05 if we had a CEO who did anything at all for shareholders.
Anything is possible in this stinky pinky land.
But it would take 100 million+ share days to move IGEN at this point. Maybe much more than that.
I’m still thinking we may merge w/PU. Maybe that is what all the dilution is for b/c it would cost some $…Wells would probably want us to get more contracts under our belt, first. The two companies have way too much in common for that scenario to be ignored. That would propel us to .06
If the next 10K is legit (no wonky crap) and reflecting profit then it could easily be around .05 ---very good possibility but we will see
If I were you, I would be hoping we clear .0041 by years end.
And I would be hoping the bottom was hit this week at .0018.
Let’s crawl before we walk, and walk before we run.
So are you still thinking .25 by the end of this year ? 2021 it was .50 right ?
3 different Mms
I.64 million showing.
How’s the L2 looking? How big is the wall at .0029?
I don’t care about this pps now. I’m not selling anything until much much higher so it doesn’t matter to me what this is right now. I’m not flipping or swinging this one. The only people who care about this pps are the institutional investors that are loading the dilution as it comes. Not worried at all about this. I know who is involved here, and they don’t mess with penny stocks that are going to be HUGE. I’ll be here for it.
As I have explained many times Sarge (many, many times), this kind of manipulation is only possible when there is virtually NO INTEREST WHATSOEVER in a ticker.
If Chan could convince even a tiny sliver of the market that IGEN has any potential at all, we would not be trading at these absurdly low prices for months on end.
If he would communicate with shareholders and be transparent, and with a reasonable cadence, more potential investors would enter and take positions.
When a ticker is trading at .0029 and few want to risk their capital on it, you know there is something VERY WRONG.
We can’t out trade this quant. So no one is trying until this shows movement. It’s easy to see that the manipulation campaign has worked. I’m sure you will be getting a bonus. Lol
What is more concerning is that even those overly optimistic and obviously exaggerated “projections” did not generate any interest at all in IGEN.
If we consider the price of this ticker and the daily volume, it does not even qualify for Grey Market”.
Some days, like today for example, it trades like it was halted, at least so far.
Mr. Market: NO WAY, JOSE!!
No one is saying business hasn't improved. My issue is it is not anywhere near where Chan lead us to believe it would be. Do you recall the Dec 2021 form7 that said they would be increasing inventory to 18,000!? That was a total misrepresentation of what was coming. Expanding by less than 2000 units doesn't compare to their prediction of 18,000. That is one of the many over zealous and inaccurate breadcrumbs Chan threw out to get investors to buy.
"Inventory levels to be increased by 18,000 hardware activation units during the first half of 2022 in anticipation of orders from both consumer and commercial channels "
I say buyer beware of the form7 information. Much of the time it is wrong and way way to optimistic.
All clowning aside ,the volume is pretty lame ...
You've got it right, spot on. Clowns will be clowns, but at the end of the day they are here spending energy every day trying to act like disgruntled bulls. Wolves in sheep's clothing.
Scam is nonsense. Logic would tell anyone otherwise. The fed has signaled they are going to keep hammering for the near future, most people who pay attention know what's coming and are playing the cash game.
No one comes on here goading other investors and spreading FUD daily just for the fun of it. If it were that bad of an investment people would just move on, and not claim to be buying more and wailing as the price drops.
Well Bionic, it’s pretty clear from the stock price, and the volume, that I am speaking for the majority of the market - and by far.
What a few pumpers on this board think is entirely inconsequential, as we can see from the trading action every day.
Sorry….
Exactly right! I don’t spend my time on anything that I don’t think will be worth while and neither does anyone else. We might be really early to this party, but they are setting up the chairs and filling up the punch bowl. Neil will be successful in building this business to a major player in the telematics industry and the political friends and investors will help get it there when that time comes.
$IGEN
Let’s be Crystal clear! Nobody an that includes everybody, come to this board every day posting all day without believing in this stock!
Our most rare assess is our time!
So to invest this much of your time every day without believing in this company will make you a Fool…
So either way don’t believe what these foolish one has to say!
100% agree with you
“Because it’s easy to see that nobody believes that massive revenues are coming here”.
You definitely are not speaking for the majority, not even close.
A profit is a profit especially for the first time ever. We had a $325,000 loss from prior year Q2. I’m not sure why all the sudden you turned negative on this. Oh, wait I know, it fell in line with when you were part of the 26 million sold off the other day. Pretty easy to catch.
Second Quarter Financials and Recent Accomplishments:
As of June 30, 2022, the Company had total current assets of $252,227, a 45% increase from December 31, 2021.
Achieved recognized revenues of $91,976 compared to $82,998 from the prior year second quarter period
Grew total gross deferred revenue to $310,568 representing cash received and revenue to be recognized in future reporting periods
Gain on settlement of debt of $271,935
Net income of $10,582 compared to ($325,937) net loss from the prior year second quarter period
Expanded the subscriber base by 1680 new asset activations across consumer and commercial brands
Expanded Intellectual Property Portfolio for normalizing "big data" elements for the reduction of insurance rating-errors
Secured 11 new franchise and pre-owned dealerships located in 5 states with approximately 2000 vehicles under Nimbo Tracking inventory management services
Launched the CU Track program with Michigan Credit Union League Service Corporation in the Upper Peninsula region
Awarded exclusive contracts to provide Medallion GPS Fleet Services to New York State Counties
The folks who know best that it's wise not to blindly trust any OTC CEO are those who have experienced the subterfuge and resulting pain from such reliance on people in that position.
Look...I love reading reading the board everyday but It's getting pretty simple.
1. The form 7 's provide a company update (as many have said before) that's all. All news will be PR'd or in an 8k.
2. This is a start up company and we are all betting on IGEN becoming a major player in their industry.
3. Over the past couple of years we have all seen major advancements in IGEN.
(CEA, CU, Patents......etc).
I could go on and on but here is the biggest deal with all OTC companies....You never know the true intentions of the CEO's. If you believe Neil has good intentions then sit back and relax....If you believe otherwise then sell and move on! Or play the flip game like a few here our doing and I won't say names. Of course I would love for things to happen tomorrow but I'm willing to wait (years). I'm not going to list everyone but Sarge and all longs thanks for posting DD everyday!
GLTUA
Lol@ “infamous CEA Deal”. You must be a politician when you’re not a cheating Mm.
Gentlemen, gentlemen….there is no need for rancor here.
After all, we all know, better than ever now, that this is a “long term investment”.
Ad for this infamous “CEA Deal” the Sarge is always touting, I wish he would just say WHEN THE REVENUES ARE COMING.
Because it’s easy to see that nobody believes that massive revenues are coming here.
This stock is Chan’s MM’s bi#ch, and they play it (and us) like a yo-yo.
Next.
Hope is not a good strategy . Look for firm data in Form 7 before year end. Meanwhile some think dilution is a hurdle headwind. Many of your 100 plus comments the past 18 months did not foresee dilution and we’re too optimistic about cash legal settlements and revenue upticks. Some may wait too see actual revenues and cash hitting this underwhelming balance sheet. Chan credibility shot for most Canadian investors who backed him in the past. You are certainly entitled to your hopes and opinions. That is what makes a market . Good luck
Don’t be ridiculous. There is simply not any reason that the New York CEA money won’t come in. The deal is done and has been installed. You know this as you have intimate knowledge about the company and Chan.
Now you have irt correct not 5 million shares as you originally posted .
Let’s hope you are right and revenues come in. Hope is not a strategy
Yeppers...hoping to see some updates regarding the CEA Convention in late July :)
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