GREY:ISEDF - Post by User
Post by
brodanon Apr 18, 2011 2:52pm
368 Views
Post# 18448139
Is it time ......
Is it time ......I have been following this stock for many years. I have seen the technology and know it works. I have bought and sold the shares of this company many times....and always done very well. So is it time to buy or sell. This is a tech stock, which from my experience tends to preform quite well during the summer months, while most exploration companies sell off. Last summer, if you look at the chart, it made a real nice run....and that was just on rumors. I find it hard to understand the current price action. They just announced that their lens will be on cameras, on the shelves for X-mas of this year......that means real revenue. One would think that would drive a tech stock to new levels. Yet the stock sits here. There is the 6 million warrants at 0.20 that are being exercised. So I would presume that is putting pressure on the price. I believe that the last day a warrant holder can exercise and receive a half warrant at 0.25 is the 26th of April....only one week away. So i will hold and accumulate at these low levels and wait for the loose stock to get gobbled up. Another announcement will drive the share price higher no matter what...and thats probably no far away. With tech once one contract comes in the others follow. Have patients and see you all at a buck.
please do your due diligence. I did on INT-V....went long at 0.45 when all the bashers with crapping on it. I did my due diligence and was very impressed....still long. ICT is not as big but still has great potential.
Cheers