IRBL INROB TECH Robotics

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Hi found this on a scan and what struck me was the very very high volume of stocks traded .. someone knows something 123.9 million !!!
I havent done a lot off DD on this but here are the basics

Corporate Profile
InRob Tech Ltd. is a robotics industry leader specializing in planning, manufacturing and service support for advanced wireless and remote control systems. Our technology operates all types of robots and unmanned ground vehicles (UVG) for the military, homeland security and civilian markets.
Our wireless remote control systems use state-of-the-art technologies that enable real-time, precision control for a broad range of vehicle platforms.

These systems are used in a wide range of mission-critical homeland security, military, and law enforcement applications. They are also used in many civilian applications including the dangerous tasks involved in nuclear plant maintenance, the demolition industry, and firefighting and rescue services.

Since its inception in 1988, InRob has worked closely with the Israel Defense Forces and the Israel National Police. As a result we have unique experience in a wide range of military and civilian law enforcement situations. The company has its R&D Center in Israel.

InRob is ISO-9001 certified to design, manufacture and maintain electronic, optical and electro-mechanical equipment. We are also a certified supplier to the Israel Defense Forces and the Israeli Air Force.


see website InRob Tech Ltd. InRob Tech Ltd.


Sorry if the chart didnt come up ?? I am still learning

The buy was on the last day .. It is definately on my watch list
could be a bounce play?? too risky for me. I am still beginning the study of this crazy world of Penny stocks

Have a look tell me your views








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[Skydaemon]

You're posting an address to a link not an image, I think that's why it's not working.

If you wish to post it as an image, try rightclicking and saving picture on it, then upload it to a site like TinyPic - Free Image Hosting, Photo Sharing & Video Hosting and take the image address from there to post it.

Or you could post it as a link which works too.

As for irbl, that is around $270k somebody is throwing in a subpenny. Seems like an awful lot for something like this, more than it's whole market cap.

122,661,902 as of May 16, 2008 - is listed as the total OS, less than what was traded today, they have a convertible note expiring in nov 2008 to be aware of as well.

Definitely unusual activity anyway.

[snow white]

Thanks for the chart posting info .. I copied to tinypic and they have come up with 4 options to copy .. I will try this chart again

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Yeah that did it .. thanks sky. I still like the chart .. MACD rising and the biggest volume for 6 months . On no news (per their web site)

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The other factor is the financials are due on the 06/30/08

[BadThad]

Did a little DD, it's actually a neat company IMO. They haven't had positive EPS lately, but they have only shown -0.01 which isn't all that bad.

Estimated Market Cap
269,856 as of Jun 26, 2008
Outstanding Shares
122,661,902 as of May 16, 2008
Number of Share Holders of Record
269 as of Apr 14, 2008

Financials

[snow white]

yes I did some further DD on this and found links through to some pretty big contractors supplying robotic soldiers to the isaeli military. Its a scary world we live in. It will have to stabilize a wee bit more for me to even consider any play here.

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support at .0015 resistance at .0025 .. still waiting for quarterly financials
I have ticked in at .0016 . closed at 0017 . Volume still ok for movement.
time to suck in and see

[snow white]

IRBL has made a move .. I,m green Hey my first penny stock trade Thanks green cat

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Yeah baby great volume 71 million and rising . Sorry to be so excitied guys but I,m up 100% on this puppy and theres more to come.