its going to be a dead cat bounce just watch out i am hearing this company is not real...someone went to visit them and there is nothing there except an abandoned hotel
well anyways gl
Posted by StockStud01 on :
Who cares? It came down from .02 to .0012!! It's going to bounce hard! Do I get an A for making a good call at .0015?
Posted by StockStud01 on :
By: Varok 27 May 2005, 10:13 AM EDT Msg. 29465 of 29465 Jump to msg. # *** ILCO ***
I just got off the phone with these folks and ask why the drop and I mean why the drastic decline.They are equally concerned.
I was told that in the early beginning they brought in services rendered via consultants who they believe are the ones unloading..
They have requested from the DTC on the actual movement so they can varify this.
They are hoping to get some answers on this next week and will put out a releases addressing this matter.
We spoke alittle on the on going marketing and in my opinion this company has a sound business model and is moving into other countries and hopefully make a presence in Asia..
Have a good day
Varok
Don't expect much today since it will be slow in the overall market.
Posted by StockStud01 on :
.0025 2nd leg is now!
Posted by wilthethrill on :
Actually I am the one who went to their old Bay Street address in Toronto, which is just up the street from where I work. The office is abandoned but is in quite a posh office tower. I later found out they moved the office to Bloor Street West which I drove past last night. Ambitious looking place. I had my doubts too for a second, but this is a real company with real contracts and a very real product. O/S low after 1 for 10 split. Any news could raise the PPS just as fast as it fell. Looking for an exit in pennyland.
Posted by wilthethrill on :
i thought it was not a real company and for that i owe an appoligy to Stock Stud
sorry bro
Posted by imran_h on :
Hews out this one will run today especially since its down like 95% last week on no news at all i see this one back to .01 by weeks end and maybe even higher.
Posted by wilthethrill on :
Hey Imran, big spread right now on ILCO. Once MM's have their morning coffee things will get a little tighter. Volume looks great for only being open a half an hour. No worries about this stock.....real company, real iniatives, real news. Not many stocks on here can say the same. GLTA.
Posted by wilthethrill on :
It's tightening and volume is now pouring in.
Posted by imran_h on :
will i am not worried one bit lol
i bought this company at .05 a few weeks ago i am definatly going to buy it at .002 lol especially now that u confirmed its the real deal i am going to be adding on these dips!!
will also check out BLYM do some dd or go on the allstock board here and find BLYM u will like it i am sure!!
Thats my pick of the year, watch it bro!
Posted by Impat on :
Can someone tell me what's the O/S? Seems interesting at this level of price. Thanks for your help...GL
Posted by wilthethrill on :
80mil A/S after split, real company, real contracts, company establishing themselves nicely.
Posted by Impat on :
Why so low price then? It drops very sharply 2 weeks ago...
Posted by wilthethrill on :
MM VFIN was selling off alot of shares. This is my own opinion, but I think it was for shares issued by the company to another company for services rendered. VFIN is no longer selling and is currently sitting at .003
Posted by wilthethrill on :
.0021x.0022, this should close nicely.
Posted by Impat on :
Then this should up trend if selling volume is lower. In other terms, we faced to a technical drop due to the high selling pression. Now, that can go up...because fundamentally no bad news in.
Posted by wilthethrill on :
.0021x.0023 UT
Posted by Moneybags Mcgee on :
I'm in at .0019 lost alittle today but I am holding because I know this is heading to .01 it will just take a few days
Posted by Impat on :
It's green today ! ILCO is a profit maker +35% so far...I need more...
Posted by Impat on :
Seems we touched the bottom. Last tradings up should be confirmed today. With all the good news released in May, there is no reasons for that. Bounce is coming...Keep an eye on this stock, it could be a good opportunity...to enter in.
Posted by DreamsComeTrue on :
It looks like this baby is going back to .0005, be careful with your money.
Posted by Impat on :
0.0015 x 0.0017, sell position is up ! Low transaction level, maybe reversal pattern!
Posted by Impat on :
Reversal pattern confirmed !!!
Posted by Impat on :
Still low volume traded. No reason for a drop like this without reasons. Should be up soon for a ride!!! Very good entry point. GLTA
Posted by SchwarzBiest on :
INNOTELCO signs Contract for US$210,000 with Farel
TORONTO, Jun 09, 2005 (BUSINESS WIRE) -- INNOTELCO, Inc. (Pink Sheets:ILCO), a marketer and distributor of telecom hardware and network solutions, announced today that it has signed a contract to provide 7 containers of cable product to Farel, agent and distributor for INNOTELCO, Inc. "This contract calls for delivery of cable products in 90 days (approximately 40 days for manufacture, 25-30 days shipping and 30 day consignment)," said Ross Sehovic, CEO of Innotelco, Inc.
Further, "The Company is committed to moving forward in meeting it's goals as set out in our Business Plan, to provide quality products at competitive prices, or better. We are moving forward step-by-step in achieving our goal, to cover the southeastern region of Europe."
Posted by Neo on :
Why would it drop on good news!
Posted by SchwarzBiest on :
News came out at 3pm, and it did jump up slightly at that time, but then came back down a little again before eod.
Posted by Impat on :
This is a pretty good news !!!, so maybe manipulated down by brookers, the pattern is not in relationship with the news...this should reversal today...GLTA