3SOF

Quote from: Michael on December 18, 2006, 03:06:38 PM

Hmmm... I guess I am responsible for some of the members who have ventured into IBAC 

Michael, absolutely not, I believe we all agreed to the market terms and conditions when we decided to direct our own stock trades.  If we didn't then we'd all still have our money in mutual funds and be paying an annual expense fee.  One of those T&C's is being responsible for yourself, DD.

Now I did hear about IBCX at 3SOF and Davids analysis did interest me enough to look at the charts, but something about it just didn't make sense and I chalked it up to being sub-penny stock action and risk.  The chart shows severe volatility, and very very extreme risk.  So my position was more like I alluded to in my last post, a lottery ticket.  Well actually better than a lottery ticket as I estimated the short term risk outcome at about 33% very profitable, 33% a partial loss and 33% total loss.

Now I know many will say that lottery tickets should not be part of any investment portfolio, it's just part of my style, (an extremely small part).  I don't do it often, nor with really any investment capital

So for me I'll still hold my small position for a while longer as the dust settles.

happy trading / investing
Quasi

Doji grow  up to more than 0.025 on nthg...what's this ? a sign ?...I don't understand
Could s.o. explain me
TIA
http://stockcharts.com/h-sc/ui?s=IBCX&p=D&yr=0&mn=1&dy=0&id=p71983828582

Quote from: IdFix on December 20, 2006, 02:41:35 PM
Doji grow  up to more than 0.025 on nthg...what's this ? a sign ?...I don't understand
Could s.o. explain me
TIA
http://stockcharts.com/h-sc/ui?s=IBCX&p=D&yr=0&mn=1&dy=0&id=p71983828582

My guess is we will see that corrected, I would say bad data feed point.  Or maybe somebody just slipped a digit on their bid order and were filled by the maker at their stated bid price, but were only talking 5K shares here.

good luck
Quasi

so whats the latest analysis here? volume is picking up but it seems to be all over the place... up 10+% down 10+%...what gives?

85%---Loss--  Should be time for news soon.  These things always reverse when I finally give up.  If news does come out,  Stay Away.

major stock on FIRE today!! biggest volume i've ever seen...up 45% already...big news out!

This is interesting. Isn't this news what the market wanted? Volume is nice and although the stock is up 27% I expected a bigger pop than this. I'll take a small position here in hopes that I'm a bit early.

They say never revenge trade but to some extent that's what this is for me. However I can justify it because this is the news we were waiting for.

can a stock go to absolutely 0? or is .0001 the lowest it can ever get?

nice rebound! looking good from the lows

Changed Ticker Symbol

IBCX.PK is no longer valid. It has changed to "TSXT.PK"