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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » IFQJ...A STOCK TO WATCH..BOTTOM PLAYER..CANCELLING SHARES (Page 1)

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Author Topic: IFQJ...A STOCK TO WATCH..BOTTOM PLAYER..CANCELLING SHARES
superman7
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here is a post i found on another board, right now just watching, big big volume today:

IFQJ .0013 Read Below!

Posted by: eztradin
In reply to: None Date:10/10/2006 7:15:15 PM
Post #of 15

Nibbling while it is quiet.

Management of Infinity Acquisition Corp. Reduces Its Issued and Outstanding Shares by 180,000,000 Shares
Insiders Convert Stock to Coincide With Management's Long-Term Growth and Profitability Plan
Manny Shulman, President of Infinity Acquisition Corp., Inc. (PINKSHEETS: IFQJ) announced today that he and other key shareholders will be converting their common stock in the company to preferred shares. The company hopes this conversion will calm the equity markets by displaying a long-term commitment and investment by the management team. The long-term planning, growth, execution and increase in shareholder value of the company now runs parallel with the stock position in the marketplace. "This move solidifies my personal commitment and the commitment of several other large shareholders to the long-term growth and future of Infinity. This move creates accountability and ensures the stability and dedication of the management team," stated Shulman.

Currently, Infinity Acquisition Corporation has 304,762,186 shares issued and outstanding. Shulman and his group will be converting 165,693,600 shares from common stock to preferred stock and canceling an additional 15,484,000 common shares. This will leave 123,584,586 shares issued and outstanding.

Decent DD page...don't think I could do much better:

http://www.smallcapvoice.com/ifqj/index.html

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please dont trade stocks on my alerts, do your dd first.

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superman7
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.001(1) by .0012(1)

VOLUME CURRENTLY = 14 MIL
10 day average volume = 4mil

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please dont trade stocks on my alerts, do your dd first.

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superman7
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it hit .0025 earlier today

i have a bid in at .001 it looks good to me

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please dont trade stocks on my alerts, do your dd first.

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superman7
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u/t

.0011(1) by .0012(1)

i am trying to buy here

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superman7
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11(1) by 14(1)

damn didnt get my fill yet, i am hearing this one is the next IPKL

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superman7
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11(1) by 15(1)

moving on air now, but i am not chasing, not yet atleast lol

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superman7
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geeeez .0015 getting hit now [Frown]

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please dont trade stocks on my alerts, do your dd first.

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superman7
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12 by 15

i raised my bid to 13 and they show 12 now lol

i think this one will gooooo

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superman7
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i just got some(very few so far) at .0014

from another message board:

IFQJ was shorted down from .10 cents in June on low volume. Check the charts! I think Mr. MM is going to have to cover his shorties!! [Smile]

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please dont trade stocks on my alerts, do your dd first.

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superman7
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14(1) by 15(1)

15 getting hit

volume is 20 mil....5 times the 10 day moving average

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please dont trade stocks on my alerts, do your dd first.

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superman7
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14(1) by 16(1)

mms starting to join the bid

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gfinney
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Why not, i'm in for 300K shares * .0015 . Few different boards lighting up about this one. Thanks Superman.
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superman7
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16 starting to get hit

we have 1 left on the ask at 1 then we have 18

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please dont trade stocks on my alerts, do your dd first.

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superman7
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gfinney, dont thank me yet lol lets make some money first, this one is really risky, but looks great to me

GL

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please dont trade stocks on my alerts, do your dd first.

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JimSC
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Thanks, Superman. This stock will fly
because the MMs are loaded, they brought
it down to 0.0002 a few days ago, one MM
got 4 M shares, and gave me only 450 K, then
they raised the pps to 0.0008 later.
So this will be a big game for next week.
I also noticed that they played with IMAG
last week, they took the pps down to 0.0004
and raised it to 0.03 a few days later. This
is a pure gamble, one should only get in
nd get out, never hold it.

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superman7
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well said Jim, this one has been beaten to a pulp and its rready to bounce,,,check out the chart...its so sweet!

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please dont trade stocks on my alerts, do your dd first.

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superman7
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there is 1 mm left on the ask and then its .018!!! .018 thats like 10 times higher then what its at right now...this one will be HUGE with volume

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please dont trade stocks on my alerts, do your dd first.

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superman7
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.018 on ask lol

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superman7
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.0014 by .006

wow amazing...mms have no shares left..this could be a huge cover coming

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djg7
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Let's bump the bid up and we're laughing. 1 MM at .006.
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superman7
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looks like we may just have hit the lotto with this one

was trading at .03 a couple of monthes ago

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please dont trade stocks on my alerts, do your dd first.

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djg7
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I may through a couple hundred $$$ at the ask just for sh!ts and giggles.
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superman7
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i am thinking of doing the samething, another person on another board is saying that he is trying for .006 but isnt filling...wtf??

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djg7
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Tell me you're kidding super. wtf?
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skip
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I think that was a joke supe...

I hate it when they spread it out like that!

might throw a couple hundred at it just to see what happens...

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superman7
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haha no man i am reading it on the ihub board, a .0017 just went through, i dont know whats going on lol

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superman7
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.018 on the ask now lol this is unbelievable

stupid mms

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please dont trade stocks on my alerts, do your dd first.

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djg7
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I put a small order for 30K shares at .003. Let's see if it fills.
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coalkickin
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I put one in for .006...that is when the ask jumped..
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superman7
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yup this one is pretty crazy

now .0015 by .018

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please dont trade stocks on my alerts, do your dd first.

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coalkickin
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IFQJ: Short Interest DN 100.0% to 0 in Sep 2006
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superman7
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.017 print lol up 1600% nice!!! lol

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please dont trade stocks on my alerts, do your dd first.

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superman7
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anyone here fill at .017????

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coalkickin
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WTF is goin on?
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Schwabie
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THIS IS A JOKE..

LMAO

[Eek!]

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All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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