Check out the nasdaq stock consultant (IFON)- 95% Bullish vs. 5% bearish?!?
Upside trade possibility 90%, Excellent ~ Downside trade possibility 30%, Poor?
30 and 60 min volume charts are mostly all green???
Why- because someone keeps dumping a sizable block on the bid and the price drops and then they slowly buy it back and more at a lower price.
Any positive news will blow this game out of the water.
I have been digging deeply via the internet and it appears to me that the sales will come in stellar for quarter 3.
All one has to do is see who now is carrying Verykool now and you will notice that these distributors were not here 3-6 months ago.
Earnings are what will drive this, and for that matter any, stock; and the earnings are just around the corner.
It will further put these games to rest.
Use google and enter: Verykool Walmart Mexico. It will bring you to this: NUNCA VISTOS - Walmart.
Select translate page and scroll down. (It's a pdf file).
Also- Available on GSMArena- large cell phone supplier- with better than average reviews. Type in GSMarena Verykool and see 1st choice.
record broken- down by a penny to 1.95 at the close on 9573 shares. I do agree that we will sling shot back to something higher- after a while the only way is up?!?
No one is holding the bag- per se. You bought into a solid company who is currently growing after a change in business model and business venue. They have had 4 straight profitable quarters. You might have missed a selling opportunity when it rocketed to $4 on no news and a bunch of rumors that someone played nicely.
Albeit, we are close to a baseline going as far back as January 22, 2014. We will at some point reverse as soon as they weaker hands that did get sucked in sell out. The reversal should be strong and fast and then the stock should settle down until we get some positive (or negative) financial news/factors and/or alliances/partnerships. All imo only. I know nothing more than what I read.
At this level- it should be a buy. I just added more at 1.97 around 12:30 this afternoon
it was what helped to fuel the rumors. The story was that Google was going to see unlocked phones to 3rd world countries. The phones sounded a lot like IFON product(s). They rumored a partnership with Google.
When no partnership was announced- some took it as a competitor and the stock sold off. . .
I am still strong on IFON due to it's underlying product/mgt/and record.
Type in google to sell phones to thrid world countries. This is one part of the story(s) that I copied and pasted:
“Google Inc launched in India on Monday a $105 smartphone, the first device from its ‘Android One’ initiative which is aimed at boosting sales in key emerging markets through cheaper prices,” Nivedita Bhattacharjee and Tommy Wilkes report for Reuters. “The Mountain View-Based company tied up with Indian handset makers Micromax, Karbonn and Spice Mobiles to launch the 6,399 rupees phone, which is powered by Google’s operating system and targets the booming low-cost segment of the world’s fastest growing smartphone market.”
“After launching in India, Google said it plans to expand Android One to Indonesia, Philippines and other South Asian countries by the end of 2014 and in more countries in 2015,” Bhattacharjee and Wilkes report. “Currently, many cheap smartphones in India and other emerging markets run different and somewhat customised versions of the Android operating system. The many variations they produce make the phones prone to glitches, and leave Google with almost no control over its platform.”
“There are at least 80 smartphone brands in India and
Sentiment: Strong Buy
You can see the ad on Youtube or from the Verykool website under Company Media
Rock hard and built for life- they have a jeep run over the phone and it still runs!!!
Sentiment: Strong Buy
I agree wholeheartedly. Once the growth becomes evident in the US and Mexico and the solid new phone RXRock- as seen on Youtube- catches the public eye, we will in time be over $5 and the stock will become more stable, As for now, we have this- but it will be short lived until it levels out.
Would appreciate whatever- thx in advance