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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Ed Swanson who wrote (12364)10/23/1999 11:03:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 150070
 
AWESOME DUDE....I'm loading up on Monday...

MM



To: Ed Swanson who wrote (12364)10/23/1999 11:12:00 AM
From: myturn  Read Replies (2) | Respond to of 150070
 
The Karmah (spelling) on this IBUI is too scarry. I was about to post the same thing.
Why this stock tanked down to .02 is beyond me?

Even tanked after the last PR. Go figure.

IBUI has all of these wonderful sites that are already generating money and more sites that will be generating even more money.

Maybe there is some truth about the stock being shorted down to these levels.
It looks like it is definitely rebounding and the shorts or covering or the company has stopped selling shares.

Rumor1. has it they were going to cancel 10 million shares that were suppose to come into the market and that is one of the announcements.

Rumor2. has it they have struck some kind of deal with some company that involves them and they will be in every WalMart nation wide.

I am spinning my head wondering what would an internet company have to do with someone like WalMart.
The only scenario I have been able to come up with and I believe could be quite possible:
IBUI owns LA Internet(ISP,Web Design), (You got to love that name) and in my conversations with the company; they did say they were going to take LA Internet Nation wide with a full blown marketing campaign. They told me they were going to compete with the AOLs, Microsofts,Prodigys of Internet service. The only way I see that possible is for them to make a CD and give it away at the counters of all of the WalMarts across America very similar to what AOL and Microsoft does all the time.
Yes, No, Maybe.

3 rumor, which is no rumor: the company is making an acquisition. They did tell me that in our conversations.
They said the acquisition is a major announcement and will have a dramatic affect on the stock price.

IBUI held up nicely under profit taking this past week and closed up on Friday in anticipation of news coming soon.

I am hearing news could be as early as Tuesday.

I believe we crack the .06 Barrier on Monday and this thing could run to .10 or higher come Tuesday depending on the news.

One thing is for certain; the stock moves easily under very little buying.