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That usually ocurrs about 10 minutes after one gets frustrated and sells. LOL
quote:Originally posted by 10of13: Any clue as to when it will bounce?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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10of13 wrote: Any clue as to when it will bounce? ****** Looks like tomorrow is the end of the down trend. Next Monday, they will start to unload again. The level 2 lineup shows many MMs are interested to sell at 0.1 and up. This is a good time to add your position. See the chart of VITS. Watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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Cheers to those who added their positions today. Now the MMs got tons of cheap shares, they will gradually raise the pps to unload their inventory. This stock will behave like VITS, and a few swings are expected. Have a nice ride with the MMs, and do trust the MMs' ability to pump.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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I loaded up again. Last couple runs I sold out near $0.04. About slapped myself that I was able to get some more below $0.02.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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The end of the month has come... the 3 days have past...and my patience is running low...(I save the patience for my 7 children...so it be REALLY low! )
Now..can someone push the button, or do the "magic" dance or waive the damned wond?!
Or I'll just sit and Wait
and wait
and wait!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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Sorry, the float of this stock is extremely low, and the MMs need more cheap shares badly. They will do whatever it takes to get them, inclding pulling the pps down, making it stay at bottom forever (4 weeks) so the investors will give up. But if you can stand the frustrations, a 20-folds reward is expected. This is a game of patience, if you don't have it, don't even play this game. Look at the charts of JKRI, NAWL and IDWD, and you will get some ideas on the MMs' game plan. As suggested by Will, buy more if the MMs pull the pps down.
quote:Originally posted by JimSC: Thanks, Will, for the great call. The float is listed as 4.3M in Yahoo Financial. Can you find out the real float for IGAI.
This is my 1st attempt at determining the float, here is what I figured: Preferred stock, Series E, par value $0.001 per share; 261,574 shares authorized, issued and outstanding Preferred stock, Series G, par value $0.001 per share; 50,000 shares authorized, issued and outstanding Common stock, par value $ 0.001 per share; 1,000,000,000 shares authorized, 18,002,933 shares issued and outstanding
18,002,933 -50,000 -261,574 = 17,691,359 Float?
Information retrieved from the 10QSB with the ending date of 11/30/05.
Please let me know if I figured it out correctly.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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Up 25%. No more cheap shares can be shaken out. The MMs may let her go sooon. Watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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GLIF got a run today, it hit the high of 0.085 from the bottom of 0.02 a few days ago. We had to wait for 11 weeks since last December.
So, patience is the key to win this game.If Joe Million can wait for one year, can you just wait for 3 more weeks? I will follow Will's suggestion, and add more if the MMs pull down the pps.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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JimSC...Yes I am waiting...I do have the patience...just trying to keep this more towards the top of the list...just for when the time does arrive...and Joe Million is probably younger than me...lol...Oh and a few posts earlier...you said "Sorry..." Hun...you don't ever have to apoligize! I'll wait buy some more and wait buy some more and wait...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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Great chart for bottom bounce. Watch it. IGAI will run like VITS, they are both low-float stocks.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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So once this starts to bounce you feel that it may reach the .15-.20 range over a relatively short period? (2-4 weeks?) which would be wonderful for flipping....Hmmm... perhaps I need to buy more shares.... and then wait...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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IGAI first caught my attention, on 2/9/06, it traded 1.22M, had volume 1.3, times the 5 Day Avg./ 2.6, times the 20 Day, / 5.2 times the 50 Day. It traded as low as .0130 that day. On 2/14, (Happy Valentine's Day to you), it traded 2.92M and had a LOD of .0093. There was run after that. On 2/16 & 2/17 it hit .045, on 2/21 it hit .04. I don't know when you got in, but the intital run required very little patience. Now I guess the snake has to recoil before striking again, but rest assured, it will.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I was in the last run...Jelly had pointed it out to me...I did quite well...one of the reasons that I am back...I guess it kind of spoiled me...
Any newbies reading this.. These guys are great... and the lesson here is Patience!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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IGAI: O/S -- 10M shares. Will perform better than VITS, which jumped up 500% in recent run. Watch it. If you lost patience, go to visit Joe Million's thread on RSHN. It has compiled the frustrations, disappointments, tears, and joys of investments. Finally, patience prevails.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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