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Sunday, October 10, 2010

Monday's Play

IGSM - We alerted IGSM via-our blog last Thursday at .0024 per share (See Thursday's Bounce Technical Play) and it ran to a high of .0034 and closed at a consolidated price of .0031. The current technical indicators of IGSM's daily chart are a work of art in Penny Land. The RSI, MACD, & the Accum/Dist are all pointing north. Oh and it get's way better than that folks! On Thurshday the 50DMA has officially crossed above the 100DMA creating a GOLDEN CROSS indicating that a BULL RUN is on the horizon. Last Friday, IGSM traded in the tight range of .0024-.0032 with the majority of the day trading between .0028/.0031 indicating that shareholders know the true value of this stock and are not selling, but accumulating on dips to add to their current position.We are definitely looking to retest the latest resistance of .005 in which the KINGZ think the wall will get broken. If news of IGSM up listing to the OTCBB boards hit the market wire during or even after it's bull run, this will absolutely go PARABOLIC!!!

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