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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > Nice buying at the open.
View:
Post by Titanwon on Jul 16, 2014 9:34am

Nice buying at the open.

Lets hope for a good day.
Comment by avispa on Jul 16, 2014 9:52am
Volume already above average -- One million + to be traded today (again) -- SP hasn't moved (yet) --- NR (OFFTAKE?) at or before presentation tomorrow at around 2 pm EST??
Comment by avispa on Jul 16, 2014 11:07am
OK ... Volume going higher but SP lower . . . I guess it will fluctuate between 0.05 and 0.055 . . . Market doesn't seem to indicate NR pending . . . The presentation tomorrow should be interesting.
Comment by divot111 on Jul 16, 2014 3:24pm
I think you meant between .04 and .045. Lol, all these great supposed things happening and yet the chart continues down on big volume or little volume. Not buying the story here but I did buy shares a couple times and have been in the red ever since. Is it going below .03 this time? good grief
Comment by avispa on Jul 16, 2014 3:52pm
Anything below $0.04 will get snapped up. Without any graphite sales the company value is $0.03/share (assets/shares outstanding). So, my guess $0.04 will be the baseline. Will see what the CEO has to say in the presentation tomorrow. Probably nothing new. The SP will go high once they start selling the stuff. Don't fret about the stock for several months, let it do its thing.
Comment by avispa on Jul 17, 2014 10:16am
Here we go up in volume again. No SP change yet (up or down). It will depend on what the CEO have to say at the presentation.
Comment by avispa on Jul 18, 2014 11:12am
DIVOT11 I hope you followed my advice of keeping this stock for a while. No idea at what SP your came in, but I predict this stock will go up to close to $0.075 (private placement value -- SBD didn't mind paying that premium).
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