3SOF

Quote from: sebfr on December 23, 2005, 05:13:26 AM
Hi Livana,

I am waiting for a triangle breakout with high volume...

For more explanations, go to this link :
http://www.3stocksonfire.org/trading/index.php?topic=4055.0

Seb,

I had read your thread about head and shoulder before.  Very informative, thank you! and I now see what you mean.  I might have gone in a little too early.  I'll learn from that mistake.  Hopefully it doesn't cost me too much.

Lets see how we close.  If close to HOD I am buying more shares.  The price movement today and a little more volume I think this is attracting attention and pps will show for it. 

CLosed at the HOD and closed above 10, 20, and 50 day moving average.  I am ready for take-off.   

e has been removed.  Now IFLB

A few quotes from IFLB's 10Q filled on 12/22 (http://biz.yahoo.com/e/051222/iflb.ob10qsb.html):

"We have not yet generated any revenue from operations. Our ability to generate revenue in the future is dependent on our ability to successfully develop and commercialize the Phantom Game Service."

"In their report on our audited financial statements for the year ended December 31, 2004, our independent auditors expressed substantial doubt about our ability to continue as a going concern."

"At September 30, 2005, we were in default on payment of promissory notes aggregating $4,060,000 in principal amount, of which $1,400,000 is collateralized by a lien on our assets."

"We do not have sufficient cash to continue operations for the next 12 months and are in immediate need of additional capital to fund our plan of operation. We presently have no commitments for additional financing and may not be able to obtain such financing. To support our working capital needs pending receipt of sufficient financing, we are seeking to settle outstanding liabilities through issuance of equity, and anticipate continuing to grant common stock to fund payroll and certain other ongoing costs."

I don't mean to sound too pessimistic, especially when I know I'm in that stock myself, and I admit that I picked and chose only the worst parts.  I also know that young companies are not profitable right away, but this doesn't sound good.

Any comments?

Livana, this play would be speculative.  They do not have the product out yet, but the new CEO said in the corporate update that he plans to get the Phantom out buy September 06. If you play a stock like this you are speculating that demand for this stock is going to go up.  Thats why I have a play in this now.  Investors buy early to see what happens any bad news will send this stock down, but it is in my experience that the early plays in stocks like these will reap benefits when you can get in this early.  This is a gamble and risky but those are the kind of plays that produce 20+ baggers.  Dont throw all your eggs into these plays.  ANyway good luck to us in this one.

hey higher stocks check out SPSC going into january, shorts brought it down in a nice range and pert was indicating a bottom today, historically this company has climbed in the early months of the year and wouldn't be surprised if 2006 got the same type of run.

Thx Doyer, I will check them out. 

We have got news:

Infinium to Launch Phantom Lapboard
Wednesday December 28, 8:01 am ET


SEATTLE, Washington, December 28 /PRNewswire-FirstCall/ -- CEO and President of Infinium Labs Inc. (OTC Bulletin Board: IFLB - News) Greg Koler has announced Infinium Labs will be launching the Phantom Lapboard in Q-2 of 2006.
ADVERTISEMENT


The Lapboard is a bespoke wireless keyboard and mouse designed specifically for PC Gamers. Amongst the features it boasts are a 360-degree rotating keyboard for either left or right-handed players, under the keyboard is the lapboard for the mouse that allows gamers to play from their armchairs - within a 30 foot radius of their PC. This layout allows users to keep both hands closer together when using the mouse and keyboard. Optimised for gaming and media access the Lapboard has full size keys, extended space bar and an inverted 'T' for both left and right-handed players to navigate through games. The Lapboard will have U.S. and international compliance for distribution in Europe and Asia.

"Where consoles have always scored over the PC games has been in the physical interface the user has with the game. Our Lapboard changes all that. PC Gamers can get a premium peripheral that enhances the gaming experience considerably. It's also the perfect stepping stone and bridges the subsequent launch of the full service further down the line. The required $ USD 2 million round of funding for the Phantom Lapboard is a necessary step to deliver our vision for our products and services quickly into the market, positioned for both consumer and OEM segments, and book revenues by June 2006." said Greg Koler

Whilst final pricing has yet to be set for the Phantom Lapboard, Infinium Labs will launch the product through direct over the internet strategic e-commerce sites with viral marketing, advertising campaigns and trade events to support the new Lapboard.

About Infinium Labs

Infinium Labs (OTCBB:IFLB - News) is in development of The Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night.

For more information, please visit www.phantom.net.

You beat me to it Danny... The stock has been up 20% since this morning. Although it's been back and forth since opening. Let's hope the +0.004 holds for a nice close.

higherstocks, thanks for the comments.
I'm not kiding myself thinking that this a sure thing. However, this report is saying that the company isn't sure they will be able to last another 12 months.  They have too much debt and the only way they have fixed that in the past was by issuing stocks... we'll see what they decide to do.

It looks like they are trying to raise some money with revenues from the wireless keyboard.  So this could be a very good thing.

higherstocks. what is your target for IFLB?  Huge MACD divergence.  You thinking of .043?  I put an order in at .021 for tomorrow.
http://tinyurl.com/7pty5

Invol, I am looking at a very important mark that is getting past resistence at .025 and .028.  If we do not see these being broken in the next couple days then I will need to sell

IFLB +15% by now.

Soon they will start generating revenues from the Lapboard, and will hopefuly finally launch the Phantom. 

I am staying in!!! 

What about GZPN guys?

It's been "settling" around 0.13-0.14 for the past 2 weeks... It closed at 0.11 today. What does that mean?