The next TWO days trading will set the direction for the next couple of weeks.
Many posters have posted here that wait until these prof. investors receive their allocation and start selling by the truckloads! BEWARE. The only reason these people will sell is if they believe the stock will show weakness over the next period & they will be able to pick them back up at lower levels. I do not believe that any party took stock in this placement to take a quick flip. The Board would have been very careful to whom to place stock.
The biggest mistake I ever made & kept on making over 30 years of trading was to "AVERAGE DOWN". If I took a position based on certain premises and the stock went down, human nature tells you to buy some more & average down. The way to make money over the long term is to "AVERAGE UP".
Bruce M took his first tranche in Isonea at 5 cents and was happy to pay up at 35 cents for his second tranche. SEVEN times the price of his first investment. What a sign of confidence. He is surely not putting further monies into Isonea on anticipation of a move to 60 cents. He will be looking at the big picture and it would not surprise if he believes he can make another 7 times from here.
Exciting times ahead.
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