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Microcap & Penny Stocks : Itronics (ITRO) - Fertilizer growth story
ITRO 0.00010000.0%Oct 7 9:32 AM EST

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To: Raye Derickson who wrote (2110)3/12/2002 11:35:27 PM
From: HRDonica   of 2126
 
Raye, I don't think that TA has much to do with the move up in price (and volume). This is one of the very few companies that you'll ever see that successfully transitions from R & D to commercialization of its products. That's a REAL big factor if you consider all of the other "idea" stocks that have come and gone while this company worked steadily to build its product line and work towards market acceptance. A lot of people have been watching this company, some of them industry insiders, for quite a while. Just maybe some people who really do know about the industry know believe that this company has what it takes to experience exponential growth. I'm not gonna call it "smart money" but it's pretty clear to me that some knowledgeable investors have taken notice. While it may be a while before we see profits, but for now, top line sales growth is going to attract a lot of attention.

Herb
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