After having been away for the past two weeks I was very happy to see that ISN has been consolidating between 60 & 68 until yesterday. Yesterday's action is an added bonus having the effect of shaking some monkeys from the tree and allowing the game to continue sooner rather than later. Next leg up should see the stock get to the $1 level prior to Aussie launch.
One of the best positive indicators USED by ME in this stock to determine LOWS has been the bashers & contrarians INDEX. That is the correlation between the strength in stocks price rise and the strength of bashers. From memory, the best period of ISN bashers was in the twenties which led to 3 times multiple in share price i.e. from 25 to 75.
It would not surprise to see a similar rise of 3X from 50 cents to $1.50.
Good times ahead starting this week !
BLOKES:
Looks like only a couple of us understand the workings of Isonea. You are definitely CORRECT in saying that Gavriely & Co from the past Karmelsonix days were behind the exercise of 650k options at 46 cents and the subsequent off-loading of ord shares. As the Patterson boys knew who was exercising & for what purpose they automatically pulled their buying & let the stock retrace to the 50 cent level.
All in all even if they averaged getting 56c for their stock
that would have netted themselves a nice 65k profit on deal.
A small profit considering how much money they would make if they had waited until the stock will be in the dollars. Better getting them out now than later. Can you imagine how it must hurt for Gavriely & Co to see the current success of the company ?!!
Add to My Watchlist
What is My Watchlist?