Crusader,
I don't know if anyone responded to you with a PM or anything, but I will do it on the thread. First off, I don't know anything about the interview, other then it was suppose to have happened today. Now, you have to ask yourself why you are here. Are you here because you believe in INFE, or is it because you wanted to make a quick buck? If you wanted to make a quick buck, the market (especially the bb) is dangerous at best. The company did make several positive announcements, didn't they? What else could they have said? INFE just signed a contract to fill all the positions in the Federal Gov't? I mean, we have IBM, the Federal Gov't, and acq.s coming soon... To answer about you naiveity (I hope that was correct :-) and its okay, the Market Makers saw a golden opportunity... up 2000 percent in a week or so? Time to take 100 of it back and make some cash. We could have beat them, but to many nervous nellies with their hands in the cookie jar... then you get Joe over hear bashing away trying to build support for his new pick, and the Fledgling newsletter (oh yea, even this putz has influence on the market in this situation.) Take a look at Rico's numbers.... Today we barely lost the buy to sell war, and the price dropped how much? Lets see, what other tactics have been used here? Well, they used the drop the ask on buy tactic, lower the bid on buys tactic, theres the old drop the bid on 200 share sell tactic, or the best one drop the price on good news tactic. See they do these things to companies like this, because as I found today, the SEC is totally clueless. The investigator I talked to today was like, well I pulled up bloombergs, and after a spike like that you have to expect downside.... (That of course means this guy was series 7 before right? :-) the fact is, these guys are sitting there going.... hmmm, well it went up it will come down... they don't look at well hmm the float is tight, and there just aren't any shares to sell. It kind of eliminates the whole supple and demand theory. I mean hell one of the biggest nasties in the business FSCO, came to rain on this parade... but fear not!!! If you are an investor, do your homework, and give it sometime... remember capital gains tax is HUGE.... so much better to be an investor, when in 18 months we are sitting at 15 to 20 and all laughing about what the hell we were worried about now.
Rob |
