ITGJ at 0.0004 big news....boom!

thirb45 said: "With 50M in contracts this year and this week news for the Europeen 700M call......it will jump! Do your math... ******************************************** CEO: "I trust that very soon, you will find out that the value of the shares will represent it`s true value, thanks to business developments instead of financial manipulations. Trust me it will jump!""

BenHouston said: "Cant find any info on that company, do you have any other information"

thirb45 said: "I think you'll find what you want... [url]http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=8;t=015492;p=1[/url]"

HappyHarry said: "BOOM! is the sound of something exploding in your face :)"

BenHouston said: "Hmmm, the deal isnt for sure, i dunno if i should buy or not :S, if I do buy I will prolly get a million shares (makes me sound rich even though i am not) :)"

LanceJ said: "[QUOTE=BenHouston]Hmmm, the deal isnt for sure, i dunno if i should buy or not :S, if I do buy I will prolly get a million shares (makes me sound rich even though i am not) :)[/QUOTE] From my experience, when you are not sure, it's best not to do it. You are right, you don't know if the deal is for sure. Worse, because it's a pink sheet stock, you have no books to look at (quarterly filings, etc)... so your skepticism in my opinion is prudent. In the stock market, healthy skepticism and caution is a good thing. If your thesis for investing is the deal, and you can't confirm the deal on the books, and the deal isn't for sure, and you don't know if you should buy... then the answer is not to buy. More often than not, if you create criteria and rules to discipline your decision making and stick with them, you'll find rules that are most often correct and work. They may not work everytime, but if they work more than 50% (random) of the time, they are good."

LanceJ said: "Keep in mind also, if the deal is that good, there's plenty of time to buy. You could buy this stock up to $0.10 and ride her up to $1.00 or more as she grows and blossoms into a big company listed on a major exchange. There is plenty of upside potential if the company's paid press releases turn out to be accurate. So what's the rush? You can wait for some of the good news to get confirmed and for the stock to enter into an upward trend and buy then. Or, you could wait until the stock jumps to the OTCBB where they have to file with the SEC and buy then once you can read her books, before they jump to a major exchange like the Nasdaq. Wait until you are sure. No need to feel rushed to buy now when you aren't sure. That's the nice thing about penny stocks, plenty of time to jump on board and ride her up to a Fortune 500 company over a 5-7 year period or longer. So settle back in and watch her. See if her press releases are accurate and the things promised in them come to pass. You'll know when/if you want to enter and will have less doubt and uncertainty this way."

BenHouston said: "my only thing is like i am going to put the bid as .0002 and hope to snag 1 mil shares on an intraday low its so dirt cheap its hard to say no to that you know what i mean?"

LanceJ said: "[QUOTE=BenHouston]my only thing is like i am going to put the bid as .0002 and hope to snag 1 mil shares on an intraday low its so dirt cheap its hard to say no to that you know what i mean?[/QUOTE] No. I've said this before and I'll say it again, stock price is irrelevant. You never base your decision to buy on the price of the stock alone. You base your decision to buy on the increase potential. A 10% increase in a stock price, whether the stock goes from $50 to $55, or from $0.01 to $0.011, is still a 10% increase on your original investment, regardless of the number of shares you have. You buy based on increase potential, not on the price of the stock. If you are going to use price, at least compare it to earnings, or if no P/E is available, then compare it to sales (P/S), but never ever never ever ever buy a stock simply because of the stock's price. I want you to write this on a yellow sticky and stick it on your monitor: "Price alone is not enough.""

BenHouston said: "Okay, thanks Lance I appreciate the advice, I respect what you have to say, I won't buy. I just don't know enough about the company."

HappyHarry said: "Even the style of the original poster (OP) is a bit hyperbolic. "Big news....BOOM!". Many, many times, big news does not equal a big boom. Sometimes news issues very little excitement in the investing community."