Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Celtictrader who wrote (1057)	1/12/2009 11:45:07 PM
From: Jibacoa	Read Replies (1) of 1404

INHX Has 4Qs of better revenues and was able to trim some its loss in the lastQ (3rdQ Sep)The insiders did some buying in Nov. and early Dec. But the EL for 2008 is still the same as las Yr. and the loss for 2009 about $0.10 more,or around $0.43 The stock is still trading around 0.40xBV, it has small LTD and insiders hold >20% The stock has formed a base at $0.20 and did well after Dec10 when it was able to close above $0.25, but it needs to close above the resistance of its Oct17 H at $0.40, which is the same level as the double-top on Oc7-Oct-8 Today it was down 5.7% on volume about 3/4 its ADV LVWR also had insiders buying in later part of Dec and also early in Jan. The revenues in the last 2Qs have been lower and the losses higher. The stock trades around 0.2xBV with negligible LTD. Today it was up 3.67% and did better AHs. I would not consider buying until it shows better revenues and earnings and it is able to trade above $0.40 Bernard

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