I seldom post on these boards, but feel compelled to do so. In the last 6 months, I have posted 4 messages to this board, and each has come to fruition. May last post was in late November when I suggested that IFMX would be at ten by year's end. I was wrong -- it was 9 7/8.
Obviously, the vast majority of bozo's who post here haven't got a clue about the company from either the outside or inside. However, most folks who do post here are filled with a lot wishful thinking -- either to the positive or negative side, depending on whether they are short or long.
Well again let me give you some reliable information. The street (meaning large institutional investors) is again looking at this stock. Why? Because IFMX has a good product (a novel reason), has improved its management, has straightened out its books, and the company is making money. Further, IFMX will play an increasing role in the Internet -- the buzz word for stocks to jump by leaps and bounds. To that end look for several large institutional plays in January.
So what's the scoop? -- IFMX will make several important announcements in the next 2 months. These will include several new large cutomers, improved earnings, larger market share in Europe and South America, and a full correction to their books.
Earnings will substantially exceed analyst expectations. Large institutional investors will begin to play. The stock should approach 20 by mid-year. As to the short term, option holders should do quite well in January -- stocks could be trading at or near 12 1/2 by week's end in anticipation of option expirations.
Now for you bozos who can read -- go back and read my 1998 posts. As a holder of this stock for 8 years, and as I who has traded it often over this period (with substantial gains), I encourage you to look at the facts, talk to the people who actually work for the company, and do a little analytic research on your own before you spout "bull shit" via this board.
I'm tired of reading moron posts about their hopes and desires -- and not substantive analysis for this stock's performance.
I know for a fact some of what you said is ture and we will have a BIG annocememt this week or next. I also know that Informix is having a all day meeting tomorrow with a BIG WELL KNOWN WALL STREET firm. That just might start covering Informix for the first time. This 100% true!!!!!!!!!
IFMX rules! Up 100% is three months!!! Man, this stock is hot! Who cares for technical analysis, p/e, whatever? It will double from here in two or three months. Why? Momentum! Stocks go up simply because they do!