-------------------- 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
| IP: Logged |
posted
IGAI will have an excellent 10Q in the 3rd week of April, the pps will jump 2 to 5 times. MMs are working hard to collect cheap shares. Watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
If the MMs could not get enough cheap shares, they will pull the pps down to get it. I am watching and will add more -- if it happens. The MMs have invested a lot of time and money on this project and I will gamle heavily on this game. IGAI will run like AXIGE, but in a smleer scale. Watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
I hope your right JimSC. I'm gambling alot on this stock also. Wasn't anticipating this long of a wait at all, especially since the charts have been sweet lately. The MM's are doing a great job in frustrating me, have grown impatient but have not gave them any shares. Don't know if I can wait for the 10Q though. Why do you think it will be excellent?
Posts: 67 | Registered: Feb 2006
| IP: Logged |
posted
Jim, I'm not trying to knock you, but trying to understand how you determine your reasoning for your comments. Understand, I rely mostly on charts and am trying to learn other ways for getting an edge on the market. For example, you made the comment that IGAI will have an excellent 10Q. How did you determine that, I'm having a heck of a time finding anything that would indicate that. I don't doubt your ability, I just want to learn. Thanks!
Posts: 224 | From: Denver | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by JimSC: IGAI will have an excellent 10Q in the 3rd week of April, the pps will jump 2 to 5 times. MMs are working hard to collect cheap shares. Watch it.
JimSC, I have a question regarding the PPS jump of 2 to 5 times. Would the PPS jump from the low PPS (ie 0.015) or from the higher PPS (0.04). I've been watching this since Jan/Feb and it seems to bounce around in this area. I'd just like to tap into your experience and see what you would guess. Of course I am the only one that can hit the buy or sale button. Thanks!
-------------------- 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
| IP: Logged |
posted
It was 142x149, then the dude that was on the 149 ask (don't remember who) had a 100 size, so had more than a few shares to offer, and then he disappeared without there being a single trade. Previous trade before those shenanigans was for 50k at 149. The spread had been 142x170 before that. I threw a 100k order out there for 145 and see if they bite. The spread does suggest they want to accumulate more cheap shares and aren't ready to give any up...yet!? Correct Jim??
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
| IP: Logged |
posted
Hi, Trade and Cool. To respond to your comments, I will put it in Q/A format.
Q: How do you know the 10Q will come out in the 3rd week of April? A: Each company's 10-Q must comply with the SEC rules, which set the dates for the 10Qs. The last 10Q was out on 01/13/2006, about the 3rd week of the quarter. So we can expect the next 10Q to be out in the 3rd week of April.
Q. How do you know the next 10Q will be excellent? A. IGAI had aquired another company in the 3rd quarter of 2005, which haa made their quarter revenue jumped up 8 times, from 1 M$ to about 8 M$. Based on previous 10Qs, I expect an excellect report for next 10Q.
Q. How do you expect the pps of IGAi will jump up 2 to 5 times? A. The pps of IGAI has been pulled down by a factor of 10, from 0.15 to 0.015 in 5 months. IGAI has an annual revenue of about 30 M$ and market capital of only 0.3 M$, based on the pps of 0.015. Thanks to the MMs, we are able to play this game. If you can wait for one more month, this is the best gamble. The MMs have spent 6 months and a lot of $$$ in this game. Watch it.
-------------------- 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
| IP: Logged |
******* It was 142x149, then the dude that was on the 149 ask (don't remember who) had a 100 size, so had more than a few shares to offer, and then he disappeared without there being a single trade. Previous trade before those shenanigans was for 50k at 149. The spread had been 142x170 before that. I threw a 100k order out there for 145 and see if they bite. The spread does suggest they want to accumulate more cheap shares and aren't ready to give any up...yet!? Correct Jim?? **** Hi, Bull. You are right. The MMs pull down the pps by placing Bid/Ask low. This will make the investors scared and sell their shares for cheap. But when other traders want to buy from them, they don't want to give up the shares at low price, so they set Ask high with little volume. In fact, it's a fake Ask. This will happen when they are in panic mode. They can not cheat the investors and the traders at same time. This means the pps can not stay low for much longer. Watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
Jim, I made a good start in trading with your analysis of RSHN, and since getting started in that stock, have made a few mistakes along the way about chasing other stocks on the way up, and am looking at this stock with hopeful eyes like I looked at RSHN before (Valentine's Day at .0005). I'm still playing the RSHN game, and have a few shares of DDSI I've been holding which I was glad to see a few kind words from you and Will in that forum today. This stock's been on my mini-radar for a few weeks now, and I think I'll continue to watch it even more closely. If I get bored of making money elsewhere, or get tired of losing it, I think this stock looks like a good choice.
If this pops before I get a chance to get in, then I wish you all the best of luck. But hopefully I'll be with you all on the ride. Jim's a good man for help. His pick was the only one I've actually made good money off of. He has a good style.
But still do your own DD and don't place your personal responsibility for buying or selling on anyone but yourself.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
| IP: Logged |
posted
Just got my 100k at .0149. ARCA is sitting at .0149 with a 100 size and then it's off to .02, so anyone that wants in, here's the window of opportunity. It may take awhile, but the ask is so thin, it won't take much to see .04.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
| IP: Logged |
posted
MMs tightened the spread for the 1st time in awhile. Could they be ready to run it? Or is ARCA sitting on a fake ask?
-------------------- 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
| IP: Logged |
quote:Originally posted by JimSC: IGAI will have an excellent 10Q in the 3rd week of April, the pps will jump 2 to 5 times. MMs are working hard to collect cheap shares. Watch it.
Quick question for clarification.. Do you mean that it'll jump as in 'bounce' 2 to 5 times, like jump to .02 then back to .01 then up again and down again?
Or do you mean that it will jump 200% to 500%?
I like the sound of both, but the latter much much more.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
| IP: Logged |
-------------------- 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
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
