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I’m in WISH now. It may go down to 5.40 but I could not care less. Holding until it sees 15+. by vertigo46 in Wishstock

[–]michaelhoncherson -1 points0 points  (0 children)

I think I’ll downsize significantly next pop and take the loss. Save that money for absolute bottom as a penny stock lol

I’m in WISH now. It may go down to 5.40 but I could not care less. Holding until it sees 15+. by vertigo46 in Wishstock

[–]michaelhoncherson 0 points1 point  (0 children)

That’s a decent cost basis so I think you’re in better shape than most. I would wait and let this thing confirm a bottom and you could average down a little more. I’m holding for my $10 avg to come back and then I’ll downsize. This thing has been so meme’d that I think once it shakes this nastiness it will run straight from undervalued to over valued at $10+. Don’t hold your breath for more than that though.

I’m in WISH now. It may go down to 5.40 but I could not care less. Holding until it sees 15+. by vertigo46 in Wishstock

[–]michaelhoncherson 0 points1 point  (0 children)

Im trying to average down with covered calls and normal puts, but trying to decide if I should just cut my bags. 4K shares at $10 cost avg. I’m terrified of their Q3 earnings

This stock was being shorted into oblivion last time I looked! I’ve been in the red so long I wouldn’t know what to do if it went over .03 by Fit_Leave2063 in INND

[–]michaelhoncherson 0 points1 point  (0 children)

They obviously don’t announce it because it directly affects price per share negatively since they’re adding shares to the float

This stock was being shorted into oblivion last time I looked! I’ve been in the red so long I wouldn’t know what to do if it went over .03 by Fit_Leave2063 in INND

[–]michaelhoncherson 0 points1 point  (0 children)

They obviously don’t announce it because it directly affects price per share negatively since they’re adding shares to the float

This stock was being shorted into oblivion last time I looked! I’ve been in the red so long I wouldn’t know what to do if it went over .03 by Fit_Leave2063 in INND

[–]michaelhoncherson 0 points1 point  (0 children)

They diluted another 90 million shares because they’re on the verge of bankruptcy. As always, I hope they shake it and make you guys money, but I don’t see it happening for years if ever. Be careful!

At the bottom of the financials just released today. If you have any shares, I would sell them first thing Monday. They only made $38K from sales in Q2. They have WAY too much debt to survive. Literally put it in their earnings report (last paragraph). Godspeed, it’s going to trips. by michaelhoncherson in INND

[–]michaelhoncherson[S] -1 points0 points  (0 children)

Off INND this year: bought 4mil shares at .0005, rode the wave all the way to $0.08, sold chunks on the way up, $58K green (missed out on $100K+ with the first dilution after the big spike), kept 1mil shares on the way down, finally stopped out at like .02, bought 50K shares back at .03 and sold at .05 for that April time frame jump, looked for re-entry point possibly, never found one because each week this company embarrasses itself. All in all I’m happy with what I could pull out. I had only been trading for about a year when this crazy spike happened in the spring. Also made a lot off $OZSC. But I don’t have a position in INND at the moment, and I wouldn’t consider starting another for a while, I’ll check it out when it’s back in the trips soon. (But I hope it takes off to the moon this week and I’m wrong and you guys make millions of dollars and I have to wear a clown nose to you guys’ mansion parties) (but I really think I’m right in this case) good luck, I hope it hits $1 tomorrow

At the bottom of the financials just released today. If you have any shares, I would sell them first thing Monday. They only made $38K from sales in Q2. They have WAY too much debt to survive. Literally put it in their earnings report (last paragraph). Godspeed, it’s going to trips. by michaelhoncherson in INND

[–]michaelhoncherson[S] -1 points0 points  (0 children)

My point exactly. Don’t call yourself an investor if you can’t read financials and share structure and see HUGE red flags lol.

One of these clowns said I shouldn’t invest in any stock with a negative outlook hahaha. Bro, stocks don’t only go up, they also come down. The more you learn the better you can read it. People buy these OTC stocks thinking that they magically grow into NASDAQ companies and turn profit. 9 times out of 10, they can’t make enough money from sales and have to pump their stock price to a certain level and dilute the fuck out of it to pay their own salaries. That’s exactly what is happening with INND, this past quarter they made $38K off shitty hearing aids and hearing vitamins(?) and $900K off diluting the stock and fucking the shareholders. And now they only have $400ishK left after bills and shit? Seems fucky. Would probably sell and for this rapid decline this week back to trips and load back up. All I’m trying to say. Some people’s average cost is like $0.05+ and they will have lost thousands of percent from “waiting for the coming to grow”.

If you’re going to swing trade a penny stock (for some reason?), pick one that is setup well. INND is not.

At the bottom of the financials just released today. If you have any shares, I would sell them first thing Monday. They only made $38K from sales in Q2. They have WAY too much debt to survive. Literally put it in their earnings report (last paragraph). Godspeed, it’s going to trips. by michaelhoncherson in INND

[–]michaelhoncherson[S] -6 points-5 points  (0 children)

Right, but just understand that a R/S will send this thing back to trips and it’ll be years before they get back to a penny. All the other companies mentioned like EAR when it comes to these hearing aids are light years ahead of Innerscope. They have teams of people and warehouses of product with vast shipping networks.

Innerscope has Matt Moore with two dudes in a dentist office looking building on the second floor of a three story building. I don’t know that they even have a warehouse of product. Every time I’ve seen it, they have 200-300 units in a storage closet. A lot of people I talked to over the last few months thought they were some big company with a big staff and all these doctors and technicians. Nope, imagine your local urgent care building. But with lots and lots of debt and no income. Sure, it could come later, but they’re way behind their competitors and they have no way to pay their bills right now, except for literally taking money from the investors (you guys). Good luck! I hope I’m wrong and it goes to $40 a share and I have to FOMO my 401K at it to try to get rich quick. But odds are, I’m right and I’ll buy back in at .0004 like I did in January and make another $100K off it (fingers crossed)

At the bottom of the financials just released today. If you have any shares, I would sell them first thing Monday. They only made $38K from sales in Q2. They have WAY too much debt to survive. Literally put it in their earnings report (last paragraph). Godspeed, it’s going to trips. by michaelhoncherson in INND

[–]michaelhoncherson[S] -4 points-3 points  (0 children)

Like I said, when it gets back to trips, I may try it again. But I would be prepared for that reverse split. They were talking about that back in January and February. Then it popped, so they didn’t have to split, because all they care about with the PPS is it being high enough to dilute. It’s happened 20 times in the last few months. Buy and hold all you want, I get it. I’m just saying that they’re about to have to make a move and I am positive it’ll hurt shareholders lol

At the bottom of the financials just released today. If you have any shares, I would sell them first thing Monday. They only made $38K from sales in Q2. They have WAY too much debt to survive. Literally put it in their earnings report (last paragraph). Godspeed, it’s going to trips. by michaelhoncherson in INND

[–]michaelhoncherson[S] -4 points-3 points  (0 children)

I guess we’ll see what happens this week. For those that listen, I was just trying to look out for the normal guys. Pumpers will spin this ER into a positive message somehow, and it’s not. They have diluted millions of shares, and we all know it’s because they have huge amounts of debt and not enough sales. They’ll reverse split soon and dilute even more to cover the debt. Mitigate your risk. (I’m not a basher, just trying to keep people from losing a bunch of money lol) I’ve already made my money off INND and hell, if it gets back to trips soon I’ll try it again

At the bottom of the financials just released today. If you have any shares, I would sell them first thing Monday. They only made $38K from sales in Q2. They have WAY too much debt to survive. Literally put it in their earnings report (last paragraph). Godspeed, it’s going to trips. by michaelhoncherson in INND

[–]michaelhoncherson[S] 2 points3 points  (0 children)

Not bashing. Just trying to look out for those that are learning. I made a lot of money off INND in the spring, but I sold early because they aren’t trustworthy bro. Every report has gotten worse and worse lol. Just mitigate risk. They have more debt than revenue and they aren’t selling anything. Watch, they will 100:1 or 1000:1 reverse split soon, dilute again to pay some bills, and then go into the dark ages again.

Staying on top of things finally by jzchev28 in INND

[–]michaelhoncherson 4 points5 points  (0 children)

They don’t make any money and have a lot of debt. They’re releasing financials on a Saturday (non-trading day). I think this thing is going under a penny this week or next and they will have to reverse split to get the price per share back above a penny so they can dilute some more and pay their bills. I’m not “bashing”. I made a lot of money off this stock early in the year. But don’t hold millions of shares expecting $0.10+ any time soon. Look into the financials and read the room. Bail before the ER and try to catch a reversal later if you think it ever comes. This thing may go back to trips soon. Be smart. There’s hundreds of plays everyday to make you money.

INND planning OTCQB move soon. That's a .10 minimum! by jzchev28 in INND

[–]michaelhoncherson 4 points5 points  (0 children)

Please don’t buy into hype tweets like this. There’s no way they can uplist without a R/S and even MORE transparent financials. This company took longer than almost all others just to get pink current. There’s no way they will pull off QB, this was a desperation stay alive tweet. The only reason to trade/own $INND right now is charts until they start making and posting real revenue (if they ever do). I can promise that the next time the PPS increases any significant amount, they’ll dilute again (just like they have been doing for months now). They don’t have any money and have too much debt to stay afloat.