posted
Nice dip, reset RSI, reset chart indicators. Ready for the next leg up imo.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
Yeahalot more steam in this engine Weekly RSI is just beginning. Good things to come with this stock at the EOM. It may even continue and stabilize considering the aptitude of their product. IMO
posted
iFinix Announces Progress on Preparation of Its Financials and Plans for Move to OTCBB
2007-01-23 13:57 ET - News Release
NEW YORK, NY -- (MARKET WIRE) -- 01/23/07
As previously announced, iFinix Corp (PINKSHEETS: INXR) has filed its form 15c211 disclosure statement to become a fully reporting company and has retained CFO Professional Services, LLC to help prepare the required financial statements to become a fully reporting company. CFO Professional Services, LLC is in the process of working with iFinix on these financial statements. Once completed, iFinix will be able to move forward to becoming a fully reporting company, allowing iFinix to file its financial statements with the SEC and provide full disclosure and transparency to the investing public.
At the suggestion of company counsel and the approval of the board of directors it is the company's intent to seek listing on the OTCBB and will begin the application process as soon as practicable.
In commenting on iFinix Corporation's future, Dhruvnanand Budhu said, "We appreciate the loyalty expressed by our many stockholders over the years and intend to maintain open channels as to fully inform them of our progress. We look forward to some very exciting developments and accomplishments in the coming months."
About iFinix:
iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Phoenix Provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and eifinix.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
iFinix Announces Progress on Preparation of Its Financials and Plans for Move to OTCBB Tuesday January 23, 1:57 pm ET
NEW YORK, NY--(MARKET WIRE)--Jan 23, 2007 -- As previously announced, iFinix Corp (Other OTC:INXR.PK - News) has filed its form 15c211 disclosure statement to become a fully reporting company and has retained CFO Professional Services, LLC to help prepare the required financial statements to become a fully reporting company. CFO Professional Services, LLC is in the process of working with iFinix on these financial statements. Once completed, iFinix will be able to move forward to becoming a fully reporting company, allowing iFinix to file its financial statements with the SEC and provide full disclosure and transparency to the investing public. ADVERTISEMENT
At the suggestion of company counsel and the approval of the board of directors it is the company's intent to seek listing on the OTCBB and will begin the application process as soon as practicable.
In commenting on iFinix Corporation's future, Dhruvnanand Budhu said, "We appreciate the loyalty expressed by our many stockholders over the years and intend to maintain open channels as to fully inform them of our progress. We look forward to some very exciting developments and accomplishments in the coming months."
About iFinix:
iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Phoenix Provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and eifinix.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
-------------------- Of course I want free pie and chips.....Its pie..and chips....for free!!!! Posts: 341 | From: Haskins, OH | Registered: Aug 2006
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quote:Originally posted by 10of13: I was able to grab some at .0006 Let's see if i can get a small bounce... But that was one massive dump!!!
Excellent entry..I averaged down to .0007..this thing is just starting to get hot...some panic sellers. These guys are going OTCBB, and I will ride with them.
posted
sell on news, buy on dip loaded now, thanks.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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Posted by: TradeSwapper In reply to: Goldman450 who wrote msg# 9838 Date:1/23/2007 9:40:17 PM Post #of 9861
Thank you. I got the paid membership over 2 months ago I think and I have been only an iHub lurker. I guess I can be motivated to contribute sometimes and I did here because INXR has caught my attention as a play that just might be a very powerful climber. That came from watching the trading and decided this was trading in patterns I've seen before when a sub-penny builds upon its first gains on a solid dollar volume plateau that takes out the early pumpers and hay riders.
Another billion or so in volume the rest of this week and we are looking at a completely new shareholder base averaged in at .0008 to .0012 which is already a radical step in the right direction.
Consolidation can happen at any price, but it is easier for a super sub-penny this low to consolidate a new base hundreds of percent points above the price when a first run began. If you see that what you may get is something different than the 3 day run up and dump. The guys who bought or followed in at .0002 don't give a dang about what happens next. And I don't care about them either. The irony is they may have flipped the switch, but sometimes the story marches on after they turn their lights out and move on to the next hustle. That is just fine with me.
We had them in here, but they are mostly gone already and now you have the fence sitters who don't know if they can hold and could sell from nerves or the rules based subpenny traders who will exit at any moment based on a single technical trigger signal.
I can guarantee you there were hundreds of technical traders who stopped themselves out of some of the biggest subpenny runs in the past and they will probably say that is cool if they made money and followed their rules. But such traders are not the rule themselves, they just follow some rules.
Once those guys are out and you have churned multiples above the starting point you could have a solid shareholder base that holds for more than a double from .001. Some will then take profits too and achieve free shares and you can expect that. And you should set some goals for yourself too if you want to achieve a free share position.
At this point whether we have half a billion in volume is no longer such a big deal because you can see movement on much less as the float tightens up again. I did not mind the dip today. I watched the times and sales and it was easy to see how the market makers would step back and let the person selling their load at .0009 to .0006 hit the bid. Why shouldn't the MMs pull the chair out and test the bid? That's sort of their job right? They tested it and many buys of half a million to 10 million lots came in to buy at the ask on the dip. We printed .0008 I think but the times and sales up to the close were predominatly strong buys at .0009.
Sure, it is a billion and half share OS, but if you keep having days where the profiteers get taken out, then every 10M shares accumulated grows in significant and a cash accumulation and distribution basis. You trade one third of the OS 2 days in a row like we did Friday and Monday and you've already rotated the majority of the key sellers out. Some will tease and suggest the new buyers are bagholders while some of the buyers will have enough confidence to build very big positions and ignore that kind of talk. Its speculative after all, so what.
In situations like these if this stock later goes up to half a cent or to whole pennies, there will have been a number of buyers at current prices who accumulated 50-100M share positions sitting on hugely profitable free share positions worth hundreds of thousands of dollars each. Stocks like IBZT made some people very rich. People familiar with these historically know it happens and may know people who did it.
These guys who load big time and hold considerable amounts have bigger stones than the pumpers who triggered the volume to get this started. But if those guys want to risk $50,000 to $100,000 on a play like this, know that they have probably done it multiple times and they rarely initiate these moves, they look for various story factors and volume and price action before they move in. The subpenny gorillas are the ones you want to see after the content-free pumpers have finished their rah rah routine and bailed.
No offense to those who bought at .0002 and sold at .0008. Congratulations. But I'm talking size. People who really load. The tape definitely shows some of them have arrived and as word gets around we might see plenty more clicks of multi-million plus share buys at current and higher prices. After a while you'll dominate even a billion share stock's float at sub-penny levels so keep watching this for what I'm describing.
Nobody can guarantee anything but it does look like it has already begun here just when most of these spikes really fall apart and I don't see that now. I studied the volume and distribution prior to Friday and we should be just about done with the bulk of those who bought that low. The rest who hold free shares are potentially along for a bigger ride yet. The gist is you want those big kahunas coming here now and I see some footprints. I've bought my share and there are others though they are strangers to me as I'm solo.
My description is not trade advice whatsoever, but may suggest how these things play out to the continued upside sometimes. I think this just might be one of those that really take off only after the original flippers, nervous nellies and impatient traders get taken out. Volume like this and a very interesting chart should draw continued interest. I'm in and ready to handle the bumps to see if my observations continue to pan out over a greater period of time.
Posts: 731 | From: OHIO | Registered: Jan 2006
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posted
Now that this stock has shaken off the flippers and daytraders from the sub-sub level, we are into the longs that invested in the sub level. I agree, .002 is very soon. With the ol' boy this afta interview, there will be new investments made tomorrow.
quote:Originally posted by Spongebob Squizzpants: Lets hope ol' boy announces some solid projections in his interview and maybe this thing will move tommorrow.
or whats going on with the move to BB
Posts: 209 | From: New Orleans | Registered: Feb 2006
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posted
This is a position for me. ia m holding this for the long term. I am not into to daytrading this. INXR, LDHI and AAGH are my longs amongst penny land. They just have good CEO's and two being with real products. AAGH I will sell once the show airs. But INXR, will reap sweet returns at its peak. Again, this is my opinion based on personal due dilligence.
posted
I got in yesterday and will be patiently waiting for some good profits here. This should bounce soon.
Posts: 5 | Registered: Oct 2006
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iFinix’s subsidiary, R&B Computer, has launched its technology solutions practice initiative which will provide a blend of technology, business consulting, and outsourcing services. R&B Computer specialises in enhancing organisational performance through the application of technology and outsourcing solutions for clients. The goal is to not only solve short-term business and technology problems but to create competitive advantages that drive future growth and success, the company said.
According to iFinix, the target markets include: Telecommunications Government Software and Hi-tech BIFS (Banking, Insurance, and Financial Services) Energy and Utilities Consumer Business Health Care Manufacturing
The company believes the technology solutions practice initiative will deliver a significant revenue stream within the next 12 months. "By year end 2007 we fully expect to top USD 10 million in gross revenue from this segment of our business," said Craig Eckert CEO of R&B Computers Systems. Currently, R&B Computer serves clients in the North America, Asia-Pacific and European markets.
NEW YORK, NY -- (MARKET WIRE) -- 01/25/07 -- iFinix Corp. announced (PINKSHEETS: INXR) its CEO Douglas Spadaro has conducted the interview with CEO-CORNER, but unfortunately CEO-CORNER has not finished formatting the interview to be posted on their site. The interview will be posted on www.ceo-corner.com once the staff has finished formatting the interview. Sorry for any inconvenience that this has caused to any of our shareholders. This interview will give the shareholders an overview of the company's current status and plans for future growth.
About iFinix:
iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Phoenix provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and efinix.
Posts: 731 | From: OHIO | Registered: Jan 2006
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