posted
Jordan, this is classic gap filling imo. I expect that by the end of the day tomorrow, we will be over 006. Stay tuned. Not advice.
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Have a great day, jordon. I think you'll get your 006s by the close tomorrow. Look for a close at .0057 today imo. Just a guess.
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posted
Volume just dried up in the last 15 minutes. Looks like the MMs have shaken the weaklings out. Time to move on up. 0048 x 0049 pps as I type.
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Still steady at 0048 x 0049 and should move up soon.
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Wish I had some left to add here at 0047 pps again. This is nonsense.
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posted
Got a double bottom now on the chart. Buyers lining up. Should see another late day run to about .0057 imo.
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Little momo starting now. 0047.............
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Looking better. Another long tail candle? Could it be?
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OK, one hour and 14 minutes before the rally if we're going to have a repeat of yesterday. I am optimistic still that this touches 006 by close tomorrow. Cheers!
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0031??? LOL! You'll see 0061 long before you see that. Don't be too greedy. This is an awesome entry for a swing trade imo.
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OK, it's the final hour. Let's see a nice rally now.
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Selling below the ask. I still stick to my guns that we have a bull run on Friday here at INSQ. Hope I'm right.
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0045. A close here would be ok, I guess......
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0047 close. Hoping for a better day tomorrow. News would help.
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Don't worry this is a good stock. I made some money off of these guys and just bought back in. This is a discount buy at this point. That is what people look for in the stock market. Just like going to the store. You look for the discounts then the volume comes. People know this stock is around and what it has the potential of being. Best to everyone holding!!!
posted
Showmethamoney, hoping we get a solid PR tomorrow to take this little puppy higher. I think it has put in a bottom TA wise in the last 3 days. Here's hoping and holding for higher prices ...............
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I don't know about predicting runs, but this co. is in way better shape now than it was last year. We still have to wait for the MMs seal of approval, though. They should have had plenty of shares going into that last run, IMO - just looking to shake out some more.
posted
I saw some buys above the ask today and yet the MMs still dropped the bid. It was a clear walkdown. Buys above ask yet the bid drops on a small sell. WTF? Then at the end of the day, in the last 5 minutes, it runs up from 0042 to 0047 pps. It's like the MMs kept INSQ on a short leash all day and then let up a bit at the end. I expect tomorrow they will finally let this puppy have a good run and dump their inventory at higher prices. The chart looks ready to me. This is my opinion though. I'm no expert.
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Anyone notice how VRDM also rallied hard eod? Hmmmmmmmm........
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Totally agree, Derrick. Let's hope they have a bullish Friday. INSQ in particular is in a flag pole pattern according to a good TA poster on IHub named I like BB stock. He's usually correct on his calls. He's been buying too.
Good night.
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I'm looking for it to happen welk. I bought in yesterday at .0045. I think this is a big discount on this stock. I am looking for it to get back up toward .01. They definitely have the ability to make it happen.
posted
jordan, I know you are discouraged but I am telling you that I have a great sense of how these pennies trade and this one has set up beautifully chart wise. It exploded up and consolidated on little volume, forming a gorgeous flag pole with a flag. The saying goes the flag flies half mast. I expect a big breakout day. Thought it was going to be this week. Guessed wrong.
I'm averaged in at 0048 so I am holding. Next week is supposed to be big for ethanol given the federal mandate due tomorrow......
Patience is key. 0048 now........
Just my opinion. Not advice.
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posted
Proposed ethanol plant receives strong investor backing Friday, May 5, 2006 SCOTT MOYERS ~ Southeast Missourian
Bootheel Agri-Energy plans to build a coal-fired ethanol plant at Sikeston. Investors appear to be lining up to get a piece of the planned $205 million ethanol plant in Sikeston, Mo. When the group of farmers who are building it sought seed money to get the ball rolling, they raised more than $2 million in three hours one evening.
Since the investors have pledged more than $60 million to Bootheel Agri-Energy LLC, which has a goal of $70 million before construction on the ethanol plant begins this fall.
"As fast as the money is coming in, we could be wrapped up in the next couple weeks," said board president David Herbst, a farmer from Chaffee, Mo. "We're real close."
Bootheel Agri-Energy plans to build a coal-fired 100-million-gallon-per-year ethanol plant on 160 acres at the Sikeston Business, Education and Technology Park. The plant will be built on a plot north of Atlas Cold Storage and CTS Trailers on the west side of the Burlington Northern railroad tracks.
The plant is projected to use 35.6 million bushels of corn per year to produce ethanol, a grain alcohol that is blended with gasoline to make a cleaner-burning fuel.
Return on investment
Herbst says the first priority of the plant is to make profit for the investors. Profits that investors and the company make will be turned over in the community seven or eight times, he said.
But the second goal is to help the community. Herbst said investors were giving "high-risk" money.
"A lot of these things fail," he said. "Their boards fall apart. There's no consolidation. But obviously we think ours is going to be successful."
The profits look to be substantial, if the plant is successful. He said investors can expect a 150 to 200 percent return rate on their money. Five percent of an investor's money is due now, with the remainder due just prior to construction. The largest amount they have received was a $3 million investment from a farmer in northeast Missouri.
The plant will also boost labor by more than 1,600 jobs and $52 million poured into the work force thanks to direct plant jobs or related jobs. It will increase the tax base by $18 million, he said.
Such ethanol plants are in high demand right now, Herbst said. California uses 1 billion gallons in ethanol each year, he said, and the demand is still not met. He said as long as gas prices remain high, the demand for renewable energy will stay high
INSQ's will be very busy all year!!!
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