For all of you newcomers (I've been in this since Nov. 95, at least a little anyway), most of the Interiors investors have been made promises by the market makers that got them into the stock in the first place. These promises were never fulfilled. Only recently have we seen a significant rise, mainly due to a good business plan and a good PR firm (Strategic Growth International). The market makers include Fairchild Financial Group (formerly VTR Capital) and IAR. They have used pump and dump techniques and have typically targeted the inexperienced investors. When I first got in back in'95, I was one of those suckers. I've gained a lot more experience and knowledge since then. I have also ACATed my holdings to a discount broker as well.
I believe that the reason we have seen the rise we all are expecting, now that this normal growth stock is an internet stock, is because many of the other suckers that got into this stock are taking profits, or are getting out break even from many years ago, from suggestion by these market makers to then get into other "house" stocks. In the case of FFG, this includes but is not limited to COGE, CNLG, HVGP, SPSU, KDST, and their associated warrants. They tried doing that to me a little under a year ago. I soon fired them. I would have turned a decent gain in INTXA into a 85% or so loss on my original investment. I thought all of these types of investors would have been out when INTXA first announced the deal with Yahoo, and we got that nice rise. Either that or there's more manipulation of current investors by the market makers.
But now, with this recent exposure and Max's good business plan, this stock is gaining independence from FFG & IAR and is getting noticed. And a bigger and better investment banker that is soon to come will make a world of difference.
The rise will occur in time, with further announcements forthcoming (read the Yahoo INTXA message board for more info on this, as I don't get info from these MM's anymore). Just resist selling into weakness. They are trying to get your shares more cheaply, knowing that we'll see 10 or higher eventually.
Jeff |
