Independent Bancshares, Inc. (IBFL) has been a dormant shell since end of February 2010
Today, as of 12:30 p.m. EST, IBFL stock traded approximatelly 830,000 shares in contrast to the 3000 shares 10day average volume on promotional email from pennystockalerts.
Read filings at this link and deside for yourself if you’d like to continue beating this dead horse…
(address & contact phone number are not verified)
Independent Bancshares, Inc.
60 Southwest 17th Street
Ocala, FL 34478-2900
Tel: (352) 622-2377
Email from pennystockalerts is below for your reference:
Hello and good morning everyone.
The 3rd Quarter of 2011 was the market’s worst since the 2008 crash! Who is ready to forget all that and start Q4 with a massive BANG?
I’ve found another ultra-low float day-trading superstar that looks primed to explode for some ridiculously enormous price gains.
Today’s alert is IBFL – Independent BancShares Incorporated.
Independent BancShares, Inc. is a bank holding company for Independent National Bank (the Bank). The Company owns all of the outstanding shares of the Bank and HKH Financial Center, Inc., doing business as Independent Financial Partners (IFP). IFP is a financial services company. The Bank operates from five full-service banking offices in Marion and Sumter Counties, Florida. The Bank offers a range of commercial banking services to individual, professional and business customers. These services include personal and business checking accounts and savings, and time certificates of deposit. The Bank also offers merchant services to retail and other business customers. It offers a range of short and medium-term commercial, consumer and real estate loans.
IBFL trades very inactively, and is sitting near the 52 week low. That means the potential upside is enormous.
IBFL’s market valuation is less than my Louis Vuitton sneakers. That means with enough pressure, this diamond in the rough could fly from 3 cents to as high as $2!
Since IBFL’s average trading volume is so small, it may not take much to make IBFL take off for quadruple digit gains.
A lot of other newsletters have been asking me all weekend, Psycho, my man, what’s the new pick?!?! Can I get in on it?
I tell them YES you can, immediately after I give it to my readers. I don’t know if IBFL will take off or not, but I’d like to think it will. If it does and produces the gains I’m hoping for, I’m sure the internet will be buzzing big time about IBFL. If that happens, everyone will be talking about IBFL…after we’ve had first crack at it 😉
Most of my past after the bell ultra-low float alerts have made quadruple digit gains! However, that does NOT guarantee the performance of IBFL in any way whatsoever.
Let’s take a peek at my recent low floaters anyway, just for fun:
PLLX – 3400% in 1 day
CAPB – 2567% in 1 day
OLDW – 2100% in 1 day
IBFL is an EXTREMELY volatile play. Trading with a high level of caution is the only way to go when trading something like this. Tight stop, book profits when you can, etc, etc.
In my amateur opinion, I’d say IBFL is a red-hot trade that should be played by very experienced traders only!
Could IBFL be my biggest gaining alert of all-time??
Keep an eye on it. IBFL is ready to become a star, and YOU are hearing about it first!
PSA – Penny Psycho