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ION Geophysical Corporation Message Board

  • pctedny pctedny Sep 19, 2013 1:28 PM Flag

    The latest?

    Been dealing with a serious illness and now a death in the family, completely out of it, but taking a mental break from all of that. Why is IO up today? What's been going? Thanks and sorry to be so uninformed, just not up for being on top of things.

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    • UP on Newsletter pump.

    • I don't know what is going on ! But I like what I see. According to me IO is undervalued but that 's not why it is up now over 7%. Still think it"s a good investment for the long run.

      Sentiment: Buy

      • 1 Reply to tipke.yeah
      • Why do you think it is a good long term investment? What can they do that is so much better than any other company? They were buying outdated 2d data, they owe millions in a lawsuit they lost, their underwater investment was a disaster, and management stated that their would be no earnings growth for the balance of 2013. Please post your thoughts and where the growth might come from. Thanks from a IO trader, but never an investor.

    • Welcome back PC and I hope you are ok. As for IO, I am afraid it is not doing to well, today aside. No news that I can see why the stock is up other than it appears their is some large lot buying going on. Lets see if 5.34 can hold for awhile but as I have been posting to another person, I do not currently like the fundamentals of the company and their lawsuit is still hanging over their head. Try calling their investor relations partner and maybe they can shed some light as to what is going on. I have never gotten much out of them though when I called but it has been some time since I tried.

5.93-0.37(-5.87%)Jun 24 4:03 PMEDT