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Innodata Inc. Message Board

  • gsunwab gsunwab May 28, 2013 3:44 PM Flag

    Watch for breakout

    INOD is facing the resistance of 3.49. 78% chance up at foxchart website.

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    • Let's face it, INOD is a mediocre small fish in a big pond. They are getting squeezed out by their much larger competitors who are taking away market share. Their primary business - publishing - has been dwindling as a result of losing accounts to lower priced competitors. INOD is not distinctive in any way; and if they were to disappear tomorrow, the industry wouldn't skip a beat - that's the sad truth. They have become irrelevant in a market that tends to go where the value is - same service for less money. Even though 95+% of their production resources are in India and the Philippines, they try to present themselves as a US company as if that should justify higher prices. Well, it doesn't. And the market has spoken. Watch for a breakout? I don't think so, not with all the negative news we have been getting from the CEO.

3.10-0.02(-0.64%)Aug 29 3:57 PMEDT

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