IVIT close to breakout

[Mr Flibble]

IVIT Invicta Group volume is huge on this one. Price now .0004 but this company has revenues of almost 10 million US. Expect this stock to be .01c within a year. Look to buy after resistance at .0006 or leave a buy order at .0003. This is my second pick check to see my others.

 

[Mr Flibble]

Price now at .0006 which is our resistance. Heres some fundamental analysis.

Expected yearly revenue 10 million US $
O/S amount 2.5 billion
A/S amount 5 billion

Estimated future PPS .014

Expected Q1 results any day now expect an increase in pps till then

No recent history of R/S
Short - Daily volume averages at 50% however we have dropped way down to 20% and I expect this to continue to drop as shorts are forced to cover.

TA
Resistance .0006 then .0009
Recent high .0022

I'm in regular contact with the CEO.

 

[Waterfield]

Penny stocks have always been black magic to me, keep the commentary coming, it's very interesting!

(subscribed).

 

[Mr Flibble]

Thanks for that heres a present

Should note the following

20100318|IVIT|Shorts 146274265| Total Volume 251620963|O

First rule of trading never average down on a losing position. The shorts just broke the golden rule. Now if we break .0006 this will move FAST to .0009.

From the CEO"" To me

We don’t know why market makers and short sellers do what they do. We can't figure out why they want to mess with us but it looks like major shorting is going on and we are looking into ways to fight back.

You can see public reports to confirm there has been a significant amount of shorting recently and we will do what we can to help stop it.


This was when stock was at .0002. Expect a PR release to teach shorty a lesson. IVIT is in my opinion THE most undervalued stock on Pink Sheets.

 

[Mr Flibble]

News out in the last hour.

http://www.tradingmarkets.com/news/...-in-sales-for-february-2010-thoug-857995.html

450k in one month and thats only a small part of the business. Their main concern is a day clinic worth an expected 5-10 million US dollars per year.

Hello Shorts! Goodbye shorts!! tsk tsk and they say people who short stocks are the shrewdest investors.

 

[Mr Flibble]

Price has now DOUBLED to .0008

 

[Mr Flibble]

.0009 is up today. This will be a long term play until .01 Still buying up shares looking for 10 million in total. I will have another pick shortly but this and BIEL are long term plays which will make your quite wealthy.

Disclaimer Long on IVIT

 

[Mr Flibble]

.0011 now and only 30 minutes into trading.

 

[Waterfield]

Very volatile market! http://www.investorguide.com/stock-charts.php?ticker=IVIT

 

[RJ23_]

I have been in IVIT for a few weeks now at an average of .0007, and I think that a breakout could be right around the corner!!