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Institutional Financial Markets, Inc. Message Board

  • davidlewis733 davidlewis733 Apr 10, 2013 12:29 PM Flag

    Movement on IFMI today

    IFMI should finish up strong as the week progresses. I'm becoming a fan of IFMI and the potential is endless. Get in while you can on it. Prophet alerts at it again with their great leads and picks. The upside is stronger than most.

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    • coleperkins12@gmail.com coleperkins12 Apr 10, 2013 12:36 PM Flag

      I completely agree. If they continue to have more quarters like the last 2, this stock will be 5+ in no time. Just look at the numbers: $3 million in net profit last quarter / 10 million shares, or $0.30/share in profit * 4 = $1.20/share/yr. At a 10 multiple, that's a $12 valuation. Plus, they have a strong balance sheet ($5 book value). My average price is $2.30 and am confident that this this will be at least a 2-3 bagger in time.

 
IFMI
0.78-0.04(-4.88%)May 26 4:00 PMEDT