Sorry, the computer I was using last night won't let me cut and paste for some reason. But I can now......
IBCX - Internationl Barter. This little company went public in February of this year at $1 1/8. It has slowly risen to $3. Then they announced their new website ....http://www.ubarter.com. This website offers anyone and everyone a chance to "barter" something they have, timeshare in Colorado, frequent flier miles, two tickets to a Nascar race, whatever for something someone else has. Website will be up and running on July 20. Now, on the day the company announced the website, the stock spiked from $3 to over $9, then dropped back to $6. Today, it spiked to over $13 and back to $8 on another anticipated news release.
This company has outstanding shares of 1,830,000 and float of 530,000.
I have talked to the company twice today. They are being bombarded with calls from brokers wanting to know what is going on. Apparently, this stock is being treated as an "internet" stock. At the present time, the company has only one MM - ALEX.
CEO Steven White is current president of NATE - National Association of Trade Exchanges - a national organization for the bartering profession.
SI thread is fairly inactive at this time.
This is a long for me......
Randi |
