quote:Originally posted by worthashot: I think it's the MMs and nothing more.
I agree, this is clearly MM manipulation based on the volume being 4x the 90 day average and buys/sells was 4/1. Since we ended down %11 there really can't be any other explanation.
-------------------- Trust but verify! Posts: 368 | Registered: Oct 2005
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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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posted
ARCA continues to dilute...and the PPS continues to slide-wonderful. Hard to be positive with this stock anymore. GLTA
Posts: 67 | Registered: Feb 2006
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quote:Originally posted by trade4food: ARCA continues to dilute...and the PPS continues to slide-wonderful. Hard to be positive with this stock anymore. GLTA
Did you sell?
-------------------- 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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quote:Originally posted by JimSC: Great chart and volume -- this one will attract a lot of attention in the next few days. IGAI will not let us down - 16 M$ in profit is exceptional among OTCBB stocks under 0.10. The long waiting will pay soon.
Always like to see words of wisdom from you Jim. Especially since you've made so many folks LOTS of money.
I am waiting patiently just like I did and am with RSHN.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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posted
I am holding, everything about this stock says it should be going up.
Posts: 438 | From: just outside of nowhere | Registered: Mar 2006
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quote:Originally posted by worthashot: Bid .0061 Ask .01
Very strange stuff. 5000 shares took out the ask at 0.007 and it jump to 0.01.
I think earlier a 5000 buy dropped the bid and ask. Seem like a 2 year old was playing with the MMs' computers or something. Maybe they hired a village idiot, anyway, IMO it was MM manipulation at its finest.
-------------------- 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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posted
IGIA Announces Annual Financial Results; Revenue up 125%; Tactica Plan Effective
June 15, 2006 17:32:01 (ET)
NEW YORK, Jun 15, 2006 (BUSINESS WIRE) -- IGIA, INC., (IGAI, Trade), a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items, announced today its financial results for fiscal year ended February 28, 2006. IGIA reported revenues of $25,532,151 for fiscal year ended February 28, 2006; a 125.5% increase compared to $11,324,450 in revenues for fiscal year ended February 28, 2005. Gross profit for fiscal 2006 was $16,163,879 or a 63.3% gross margin, compared to a fiscal 2005 loss of $234,146 or a (2.1%) gross loss.
Revenue was $12,795,116 for the six months ended February 28, 2006, which was the period that IGIA began using funds raised from a $3,000,000 financing, compared to revenue of $2,752,467 for the six months ended February 28, 2005. Gross profit was $3,827,085 the six months ended February 28, 2006, compared to a gross loss of $7,147,201 for the six months ended February 28, 2005.
Increased revenue and gross profit reflect IGIA's focus on selling its products directly to consumers through responses to its television infomercials. IGIA significantly increased purchases of television advertising to generate the fiscal 2006 results. IGIA aired product infomercials on major television networks and cable stations nationwide, including CNBC, USA Network, COURT TV, SCI FI Channel and TV Guide Channel, achieving potential viewership at times exceeding 89 million households. Media advertising expense for fiscal 2006 was $11,178,572, compared to $613,867 for fiscal 2005.
For fiscal 2006, IGIA's net loss was $17,158,737 or $0.92 per share, compared to $16,197,364 or $0.90 per share in fiscal 2005. Contributing to IGIA's fiscal 2006 loss was charges of $10,186,135 or $0.55 per share, consisting of a $6,549,037 non-cash charge for financing activities and a $3,637,098 charge for reorganizing operations of our subsidiary, Tactica International, Inc., under a reorganization plan that became effective on March 28, 2006.
Avi Sivan, CEO of IGIA, Inc., stated, "We are pleased to be focusing on direct response sales, the foundation of our business, and view our future with renewed optimism. Looking forward, we see opportunities internationally to leverage our product lines in proven markets where we were successful in the past."
About IGIA
IGIA, Inc., through its wholly-owned subsidiaries Tactica International, Inc., Shopflash, Inc. and Kleenfast, Inc., is a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items. Its globally recognized portfolio of brands includes IGIA(R), Milinex, Wind Storm(TM) and the registered proprietary As Seen On TV(TM) logo. The IGIA name ranks amongst the most recognizable personal care brands as cited by an industry publication. In addition, IGIA markets and sells products through TV infomercials, mass-market retailers, specialty retailers, catalogs and through http://www.igia.com.
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Shoulda, Woulda, Coulda, bought more at .007 today, but I did sleep at a Holiday Inn Express last night, and bought more at .0083 on Wednesday !
YES !!!!!
-------------------- 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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quote:Originally posted by will: Shoulda, Woulda, Coulda, bought more at .007 today, but I did sleep at a Holiday Inn Express last night, and bought more at .0083 on Wednesday !
YES !!!!!
LMAO!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
this stock will ride to 0.015 for sure in the morning
ask is 0.01 it will be difficult to get in this stock coz after the opening this stock will reach 0.013
Posts: 417 | From: grand cayman | Registered: May 2006
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posted
Looking for an explosion here in the morning. Lots of folks gonna be chasin this one.
Posts: 310 | From: Idaho | Registered: Jun 2004
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quote:Originally posted by money 76: this stock will ride to 0.015 for sure in the morning
ask is 0.01 it will be difficult to get in this stock coz after the opening this stock will reach 0.013
The B/A is currently .0061/.01, if the spread remains this high the news will not have any effect. This news simply summarizes the 10K that was out Tuesday after the close. Looking at Wednesday's volume IMO our only hope for upward movement is the spread of the news to attract attention/volume and squeeze the spread.
-------------------- Trust but verify! Posts: 368 | Registered: Oct 2005
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posted
Last run in Sept. 2005 lasted for 2 weeks, it hit the high of 0.15. Check the chart out. Make sure you have a good exit plan and take profits at 3 to 5 levels. The MMs will run it sooner or later, they just try to get more cheap shares at bottom. Yesterday's sellers were the victims of 8K filing, as explained by Will that there will be no immediate impact on pps. The MMs took advantage of the confusing and pulled the pps down to collect cheap shares from stop-loss orders and panic sellers. Thanks to Will's suggestion -- just get more when the MMs take down the pps, I got to add more cheap shares, too. MMs can not play their tricks on IGAI anymore, the investors will find out her true potential.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
Definately looks ready to go. Almost 10% of daily volume during MMs "pre-market".
-------------------- 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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It reminds me of February whne it ran to 4 cents twice.
-------------------- 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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