Well, the least we can say is that it is exceptionally quiet at this time with Intertainment Media and especially in the wait for updates on contracts that everybody are waiting for.
It has been a long time since INT has promise news about contracts to be signed that will generate good revenues.
It is very curious not having hear from them in a long time and I suspect that things are still moving in the right direction and until the actual placement is close we will not get finally what we all expect: profit generating contracts.
The shares have been hammered down since last year with some rapid up's that traders could have used to make a quick profit and at the same time reducing the core base cost.
INT is a venture play meaning that it is a start-up company with all the risks that do comes with a tech company.
I do still think that this could be a great profit generator this year for the shareholders that have been patient for a long time and that ANY new contract will change the share price instantly moving it higher in a blink.
Naturally the last time it hits 3$ INT did not had that many shares so 1,50$ would be a great achievement and this number is easily achievable: they need 1 or more profitable contracts and that would do the trick.
Will INT succeed: yes they can and now the ball is in the management team.
As usual do not invest more than you can afford to lose and it is always safe to cash in some profit when the occasion arise.
You can also follow me on twitter at: @investman2
It has been a long time since INT has promise news about contracts to be signed that will generate good revenues.
It is very curious not having hear from them in a long time and I suspect that things are still moving in the right direction and until the actual placement is close we will not get finally what we all expect: profit generating contracts.
The shares have been hammered down since last year with some rapid up's that traders could have used to make a quick profit and at the same time reducing the core base cost.
INT is a venture play meaning that it is a start-up company with all the risks that do comes with a tech company.
I do still think that this could be a great profit generator this year for the shareholders that have been patient for a long time and that ANY new contract will change the share price instantly moving it higher in a blink.
Naturally the last time it hits 3$ INT did not had that many shares so 1,50$ would be a great achievement and this number is easily achievable: they need 1 or more profitable contracts and that would do the trick.
Will INT succeed: yes they can and now the ball is in the management team.
As usual do not invest more than you can afford to lose and it is always safe to cash in some profit when the occasion arise.
You can also follow me on twitter at: @investman2
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