Today we can officially say that the flash in the pan has passed. With a small 2.5% return, where do we go from here. We started the day around $3.50, followed by a massive selloff, with a slow grind back to $3.36; should of sold at the high point but I wanted a larger return. This has been a consistent story with IFRX. Large in the first hour followed by a sell then slowly return to the start with maybe a slight gain. If I had been selling and buying every day, a small fortune could have been made by now.
When I began my eventual run into day-trading penny stocks, my strategy is what can be referred to as Emergent(chap 1.3). I started off with visions of grandeur on one platform but transferred and augmented that vision as I was exposed to the market and the potential of options. My initial foray was to augment my other investment ventures; real estate, IRAs, REITs, annuities, and basic mutual fund portfolios. It was once I understood the game, that my competitive nature, my addictive personality, and my great tolerance for risk consumed me. I became infatuated with finding the next win, the next profit, the next ‘I told you so’ moment. While I haven’t had many wins over the last week I will say that overall my strategy has been great, once it changed that is. The only question I have now though, is whether IFRX is going to maintain their course and standard operating procedure, or whether they are going to change pace now they are in the penny stock world. As any penny stock investor knows, no news is bad news, but bad news can be good news, and right about now, I need some news to turn this red runner to a black beauty
IFRX 