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IEC Electronics Corp. Message Board

  • stockmarketstar stockmarketstar Jun 7, 2013 12:44 AM Flag

    This is so sad, is there a bottom...

    Only Berryknows for sure

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    • Yes, there is a bottom, we don't need to ask Barry to know it. Lost -11 cents for 2nd quarter (IEC official pre-announce indicated) , normally, the stock get cut to 3-3.50/share. However, restatements, customers running away, continue post lost in the near future, scare of getting delisting will make IEC trading around 2.5-3.00 from now to August. If IEC got boot from AMEX or a default under the Company's credit arrangements with M&T Bank happened, it will cause IEC plummet to under 1.00/a share. That is a bottom nobody wants to look at except Barry and Doody.

 
IEC
4.22+0.070(+1.69%)Jul 1 3:59 PMEDT