I would love to see 15M. I'm hoping for 12 to 12.5M in revenue and a penny to two on the bottom. Revenue of 12.5m would be a 50% YOY improvement, which is huge. If IFON does 15M, you are looking at close to 80% YOY growth; I'm not looking for that much.....if we got that much we would move to 8 bucks and it wouldn't take long, IMO. We don't need to expect too much too fast. Companies that grow too fast often can't keep pace in managing that kind of growth. IMO, $13M in revenue and a decent bottom line gets us over 5 bucks.
i did add myself, as u know by now i'm a believer albiet it took awhile but that was to my advantage as i got most my position under $2. i was part of that 2006 run and did well but held some of that position back then to long. if u pull up a long range chart and see a stock was sleeping for years then u c that pop fron 4 months ago, i was told once that is what u want to c in a chart. anything around 15 million should be enough to get this over $5
I think IFON's consolidation is over and expect this drop to be very short-lived. Buying stock i buying a business.....too bad that most people don't really think of it that way today, because it is the truth regardless of what someone thinks. Stock represents ownership. Is IFON a solid business or not? Is it a growing business or not? Is IFON's frontier for growth increasing or decreasing? One has to answer these questions rationally to make a sound decision about IFON. The rest is noise.
IMO, I answer the above questions in the affirmative. I don't fully understand the "unlocking" law in terms of all of its ramifications. But it seems that it could only help IFON relative to garnering a share of the U.S. market. That is, I already answered the above questions "yes" for myself but now see some enhancement and expediting of the U.S. market potential for IFON.
It will take a good earnings report to really drive things, alright. However, I think the consolidation is over and today presented a gift again for entry.
I agree here. Mild distribution. Problem is this is DAY ONE of distribution, so some of those lower support levels are on notice. I thought the digestion of recent gains would be a lot smoother......not -9.24% in one day. This to me means more retail is coming in and getting antsy with their profits.
Notice in an earlier post I thought Friday would be the day this started, so maybe its just catching up? For me I'll lighten the load a bit, but I'm happy with what I see and will wait to add more once the report hits. If they nail the growth and come in EPS positive again its off to the races ( I hope! )
no real action either way until the earnings report. management did not give guidance and past history suggest the wait is for earnings, anything before is just noise. a good report and it will pop and pop big. of course the same can be said for a bad report but less downside risk.