Hello bodybag, Saw your mention of it on the MCZ board and I took a quick look and sort of like it. I have a hard time not liking a chart that looks like this one. Have you followed INVE for a few years or are you relatively new to it? Where do you think it will trade within a few months? Any chance at all they could become consistently profitable? No need to answer any of my goofy questions, but I am curious to hear a bit of detail from you. Thanks.
Hey uptabdowntab I am still relatively new to INVE. I first noticed it 9/26/12 when a Insider purchased $760T worth at a pps of .80c. I passed on it then but kept watching it. On 4/16/13 Lincoln Park bought $2M worth at a pps of $1.14 with INVE option for more. Preliminary earning were out Friday, I'm thinking some investors were expecting more. Last earnings there were "disruptions and delays of govt contracts" due to sequester and I'm guessing this quarter was more of the same. I've seen INVE pop a couple times since watching it. I would expect any news of a govt. contract being finalized will lead to another pop. Royce opportunity Fund owns a large amount of shares but someone has been selling so I am waiting to see who it might be. Watching lately a lot of shares have traded around this .80c range. Not sure if this was due to option expiration Friday. That's all I know...hope that helps...Good Luck and always do your own DD.