MOU2 and MOU3, page-463

More volatility this week with price trading 6.5c to 5.6c
Now trading outside and below the symmetrical triangle
Lack of news is generating the weakness, fear and impatience
Friday’s bounce of 5.6c to settle on 6.0c was a good sign
IAM now resting on the 6.0c support line (blue line) – needs to hold

The emerging story is growing stronger and stronger each day.
Patrick Canion investing again is another good sign
Excellent pick up about recruitment and the Cebu office is a very good sign (well done onix786, Glyco, The Sower, Vanzant, The Wild Man and others)

IAM has gone through several periods where shareholders were frustrated by a lack of info and news and it’s reflected in the chart by periods of sideways trading and weakness.

We’ve also seen what happens when there’s positive news like the announcement of seminars. IAM moves up a gear. And when there’s a hint that solid news might be coming such as the possibility of MOU#2 being announced in December the shareprice doubled to peak at 9.5c.

Imagine then what will happen when confirmation of MOU#2 hits the market and the flow on effect of a Sentry update and MOU#3.

Warren Buffet’s latest investment principles are;

1. Don’t lose money
2. If you won’t hold a stock for ten years, don’t even think of holding it for tem minutes
3. Be greedy when others are fearful (and fearful when others are greedy)
4. Don’t invest too frequently-successful investing takes time
5. The most important quality for an investor is temperament not intellect

There’s a huge story unfolding. Patience will be rewarded here.
By the way, awesome post from Cheeky_Messiah