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IDO Security Inc. Message Board

  • darylduhamel43 darylduhamel43 Dec 2, 2009 11:09 AM Flag

    Investor Question

    this stock has been selling off for weeks
    yet the pps is holding
    I can not figure this out
    any theories?

    still holding long........

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Why would it not hold? I mean everything they said in all those PR's was fluff, they made zero sales this quarter and they are on the doorstep of bankruptcy. What more could any investor want?

      Seriously, they have to get you to vote for the 3 billion share dilution in 3 weeks, so it is going to be propped to keep you happy. After the vote is done, then you can firmly grasp your ankles.

      Ray-Ray do your stuff.

      • 1 Reply to braindeadlong
      • "Goodwill." You didn't even mention that goodwill comprises about $2MM or their total assetts of just above $2MM.

        When the assets are intangible, Ray-Ray and Izzy are doing the death spiral toxic financing, you have a very pretty picture. All IMHO.

        Pollution dilution ahead, keep your eyes peeled. Did anyone utter "floorless debentures?" LOL...

        ACE: There are no jokers in my deck.

    • We are talking 29 Mills! We need a 350% gain to reach ONE PENNY!! I wouldn't exactly call that 'holding' anything, after all, the company has a product and could easily become successful.

      • 1 Reply to tryingtogetthefacts
      • acerbicabrasivejudgmental acerbicabrasivejudgmental Dec 2, 2009 12:30 PM Flag

        Don't know anything about any product that could be profitable, but look at the mismanagers, the corporate officers, and The Board.

        Ray-Ray is the corporate secretary and a Member of The Board. He may well be a sophisticated investment gamer; look at his history with the NVXE/NVEI/RSMI corpse and determine how and why a company whose shares were selling at $31.00 per shares is now near the bottom of the ocean circa $00.0001. Why is he with IDOI? Should be a red flag to any serious investor here. All IMHO.

        Lots of financial items to study also. Have you done any serious deep due diligence here or are you just another day-trading, mo-mo, penny-flipper? TIA.

        ACE: There are no jokers in my deck.

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