ISN is positioning itself to ride this tsunami when it rolls in...

  1. 158 Posts.
    ISN is positioning itself to ride this tsunami when it rolls in but only the astute can detect a tsunami when it is barely a ridge on the ocean/market.
    I have been critical in the past because,like others,I recognize this as the most manipulated stock on the ASX.Nothing has changed that assessment.Those pulling the strings here may have problems maintaining their control over the SP if we consider the fundamental of 'shares fall by their own weight'.If sales underwhelm then the SP can not be artificially held up forever-the market will force the SP to fall.Many see this as overpriced at this stage of play.On poster suggested the market cap required 14,00 units a month:if so,a correction seems likely.
    Cash will disappear very quickly here[as it always does!]and the capital raising or placement diluting the SP will be a potential concern as consolidated stocks lose their shine when potential dilution becomes a possibility.
    Technically,the volume suggests a breakout is around the corner but it may be to the downside.If not,then maybe the wave is rolling into our bay! It always catches most by surprise.

    Go with the force
 
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