downgrade their rating to sell and a $7 price target. This will probably happen this week imho and the stock probably will fall to $8 by week's end. Roth was in bed with incx management(conflict of interest) but for their own good they will set a more responable price target. All of this is my opinion.
Nothing has changed since the IPO? Where have you been. Earnings and revenue up 150% with higher guidance given on the CCALL. And what Institutional investor would just buy shares at 18.25 if your theory was correct? Its ludicrous. By your definition, every IPO should be trading at its IPO price. Nuts.