OTCPK:IVWFF - Post by User
Comment by
99921on Mar 23, 2009 11:04am
305 Views
Post# 15862924
RE: Now I am Glum
RE: Now I am GlumPresently trading at 12 cents on 300,000 shares and the low so far is 11.5 cents. I view that as moderately negative for the stock as a reaction to this announcement. If the company can just announce some good news about new shipments having been achieved and money coming in that would be nice. In general I believe there is relatively little interest out there in the minds of new investors for companies like IVW in general. All the news relative to such companies is negative - low metals prices, poor markets, financing problems, risk aversion etc. If IVW can survive through all that plus the bird problem there should be some price appreciation in the next six months or so. This stock is a real gamble right now but it does get the old ticker moving in the morning.
Cheers!