Off Topic · IGOI (page 7)

Made my first buy on scottstrade

got look. at 1.80

nice hit today

My money is small but looking at maybe investing another 1000 on another penny stock

If you have another good pick Im over here drooling to hear it

Cash levels @ 25mm.

No game changer here. Institutional ownership in good chunks.

Any thoughts?

Nalod wrote:Briggy is the smartest man in the room.

You have to know when to fold the cards man. I've got a few more but I believe that anyone who bought into LOOK will be well rewarded within 6 month time. I mean triple + Insider trading is a key element into figuring things out for a small investor. Always keep an eye on SEC filings--they are easy to track--some of the bigger filings 10-K etc... are harder to read but always advise to atleast skim through them and jog down notes.

Nalod wrote:The drop in IGOI and GSIT was foretold.

When you are done F a stock the correct answer is what is GSIT? Think of a stock as your mistress---you have fun get what you want and leave before the sht hits the fan. GSIT would be very nice again at 3--id be willing to go back in.

Speaking of F a stock.. should we F MTEX?

Thanks

I've been your quiet follower for past 4 years, made great returns on ARIA, GSIT, EGHT and WAVX and I really appreciate your input to this forum. 2 months ago I joined a company that prohibits personal trading, great place otherwise so I plan to stay there for a bit. I'm left with IGOI at 1.6 45%, IDCC at 50 45% and MTEX at 1.8 10%. I can only sell so LOOK is not an option for me. Would you say those 3 picks are worth to keep in 3-5 yrs perspective or I should get out ASAP? I know you're not personal trading advisor so if you don't answer I totally understand. ARIA and GSIT took their time to hatch so I thought maybe patience is the key

Thanks

OlDirty wrote:Hey Briggs. Thanks for all the advice through the years...

Speaking of F a stock.. should we F MTEX?

Thanks

I had such a small amount of that it was really a non-entity. If you bought 1k shares at 1.90 or whatever--sell it--mark the loss to offset any gains and put the money to work some place else.

eric2flat wrote:Briggs

I've been your quiet follower for past 4 years, made great returns on ARIA, GSIT, EGHT and WAVX and I really appreciate your input to this forum. 2 months ago I joined a company that prohibits personal trading, great place otherwise so I plan to stay there for a bit. I'm left with IGOI at 1.6 45%, IDCC at 50 45% and MTEX at 1.8 10%. I can only sell so LOOK is not an option for me. Would you say those 3 picks are worth to keep in 3-5 yrs perspective or I should get out ASAP? I know you're not personal trading advisor so if you don't answer I totally understand. ARIA and GSIT took their time to hatch so I thought maybe patience is the key

Thanks

When a stock makes a massive run--the advise is almost always sell--or at the minimum reduce to take out principle. I held GSIT for 2 years and it became my time to sell even though I thought it had more upside and it ended up a very nice decision to do so. Maybe I can find the same stock trading at 3 and do it again. If you ever feel uncomfortable----SELL>

BRIGGS wrote:

OlDirty wrote:Hey Briggs. Thanks for all the advice through the years...

Speaking of F a stock.. should we F MTEX?

Thanks

I had such a small amount of that it was really a non-entity. If you bought 1k shares at 1.90 or whatever--sell it--mark the loss to offset any gains and put the money to work some place else.

BLDP in the same boat... or do you still have faith in that?

Still "Look"ing sharp on LookSmart? Volumne is low, Im patient but just checking if your still positive on it.

Any others you might want to visit? THX

Anything compelling to you in this environment? Still positive on LOOK?

Market sitting primarily on Tech support levels makes for an interesting crossroad.

Nalod wrote:Look!

Ouch.

BasketballJones wrote:

Nalod wrote:Look!

Ouch.

Guess this has something to do with the drop:

http://www.marketwatch.com/story/looksma...

On a preliminary basis, the Company expects revenue for the second quarter of 2011 to be in the range of $6.4 million to $6.7 million compared to revenues of $13.0 million in the second quarter of 2010 and revenues of $8.4 million in the first quarter of 2011. Earnings per share on a GAAP basis are expected to be $0.00 per fully diluted share compared to $0.04 per fully diluted share in the second quarter of 2010 and a net loss of ($0.05) per fully diluted share in the first quarter of 2011 ($0.01 per fully diluted share in the first quarter of 2011 excluding restructuring charges of $0.9 million).

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