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View Full Version : International Real Estate Exchange - Inreex (IRXI)


BigBoi1881
03-29-2006, 10:59 PM
In my mail today (not e-mail) I got a little postcard from a company called "Bullish Alert 2006." I have no idea how they got my information but I think this is the same as getting stock picks thru fax machines.


The stock they mention is Inreex(IRXI) which says is their "stock of the year." The current price is $1.69 and says their target price is $16.10. The stock went up over 9% today.

Company Profile: IRXI offers a new and exciting way for people to invest in real estate, which is why the company's value could soar once investors start to use its services. In a nutshell, Inreex has created an online marketplace that lets investors buy or sell real estate just as they would buy or sell stocks - from the convenience of their computer at home, and without having to actually purchase property.

The Inreex lets investors for the first time, buy and sell real estate tracking contracts electronically over the internet. Until now the only way investors could take part in the exciting real estate market has been to invest large amounts of money or take down sizeable mortgages but with Inreex investors can participate in the real estate market as easily as they buy shares in their favorite company on the stock market.
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In my opinion, I think this is a pretty good idea but I dont know if it will catch on. Their website looks pretty promising. Check out www.inreex.com


What does everyone else think about this stock. I really couldnt find that much info or news about them besides:

http://biz.yahoo.com/bw/060327/20060327005537.html?.v=1

BigBoi1881
03-31-2006, 02:15 PM
This stock has been going up all of this week I should have gotten in on this stock. Its up 12% today.

glock35ipsc
03-31-2006, 03:25 PM
I got the same card. I can only find stock info for them for one week. I can't find a chart that goes back any farther. It is a pink sheet stock, and appears to be brand new. Could go either way, but I tend to run away from those unsolicited tips.