another razor success, page-47

Ocker doesn’t use facts, he uses opinions. He still thinks that markets will rate pipeline and potential sales deals the same as executed deals. I am sorry but if people had listened to Ocker which I am sure quite a few did then they would have sold their ITE shares in this latest pullback and will probably be buying them back for higher prices.

The facts are this. ITE gave us an update of their sales pipeline back in October / November. In that update there were a number of qualified deals in the making, some at contract negotiation, some at proof of concept, others at different stages. They gave no indication of who these contracts were with. Last time I checked ITE had delivered on 4-5 of those "potential" deals, with 2 very important and global players identified, namely Pitsburgh Bank and Man Group.

Also Ocker made fanciful statements about ITE not having the breadth and depth in sales infrastructure to penetrate the global markets. Hmmmmm, that seems to be completely contradictory to the "factual" trend in ASX announcements and contract updates.

Ocker is just providing an opinion like most uninformed people. His facts are very subjective at best. Last time I did an audit on Ocker's posts I did not see any successful share ideas. Robbo on the other hand has shared countless excellent very lucrative share investment ideas with the forum community (mostly with another forum).

Let me list some of the gems he has initiated: IPN at 3c (now 25c), TRS at $2.00 or so (now $12), ITE at 8c (now 17.5c), CMV at 48c (now 47c this is a new one though), TRF at 35c (now $1.10), MTN at 30c (now $4.00), NEL at 70c (now $4.00+), MMS at much lower prices, CPR at much lower prices, HWW (was a 3 bagger before it got taken over), EMI at much lower prices I think 7c or so, PBD at $1.00 (flagged $5.00 as being full value), RFG at 80c, DUL at 4c, the list goes on and on. There have been a couple of duds such as GLX, but the winners far outweigh the losers, and lately there have been no losers.

Now let’s see which shares Ocker has recommended: NONE. Please Ocker correct me if I am wrong here, could you please identify successful investments or trades that you have publicly shared on a forum.

I am sorry but I don’t see much value at all in Ocker’s posts. Yes ITE recorded a loss in the first half, but that is a revenue recognition and timing issue. Yes ITE have flagged a “potential” rights issue, but we have a major M&A IT firm in the form of UXC who are more than happy to facilitate ITE’s exponential growth with what appears to be an open cheque book. I see this as a prudential backup plan. Why is it ok for Ocker to make a dangerous assumption about ITE’s sales infrastructure and sales pipeline based on these two pieces of evidence? They are completely unrelated. He is using fear to instil doubt in the holders of ITE, who based on a retreating share price panic and sell. I actually don’t think its intentional well I hope it is not, but it is important for people to focus on the facts. There will come a time to sell ITE, but I personally don’t think this is the time.

Thanks again for sharing all of your research with the forum community Robbo. Some of us really appreciate and understand the lengths and time and effort you spend on this activity. I think you are a valuable asset, and actually give the small guy (mum and dad or average Joe ) a chance to make a decent quid in this game. Robbo’s picks are always ahead of the institutions. It’s hard for some people to come to grips with his selections, because he is just so far ahead of the curve. But in the end, time will show that in about 95% of the cases (approaching 100%) Robbo is right and everyone else if wrong.

What people don’t appreciate or quite understand is what goes on behind the scenes of all these stock selections. They don’t just appear out of thin air, for every one we see, there is about 100 that we don’t see that gets filtered out because they don’t meet strict requirements. I still don’t quite understand what the requirements are, or how he comes up with it, but I do know that getting to that level is a full time job that spans well beyond your standard 40 hour week. I am actually starting to believe that Robbo doesn’t sleep, because I for one don’t know where he finds the time to do what he does.

OK I better stop rambling. My guess today is that we will touch 20c, thanks again to all those people that gave me and my friends cheap ITE shares at 14-15c.