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IEC Electronics Corp. Message Board

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  • stockmarketstar stockmarketstar Jun 28, 2010 2:55 PM Flag

    Are things finally going our way??

    I would think the price woudl get some upside this week if index finds are adding IEC to their mix. However I think anyone buying big on this stock has to be carefull not to push it past the price it's really worth. This stock could easily be manipulated. With only 9 million shares out, $36-40 million buys the company. Hard to beleive there hasn't been a few offers. I think that's really where the holdup it for upside. Unless you are a fund or an individual with a longer term horizon you could sit on this stock for a while. Calipers is is a good example, they can keep this stock forever. I think a lot of people complaining about the stock price are are more short term. So what you gonna do if it jumps 5 or 6 points , sell and move on to another 2 dollar stock and complain it's not moving. Witht he growth and earning, not to mention the new $6mil contract, I beleive this stock will be double by this time next year. Stock prices don't move in straight lines. But I'm sure most of you want that double right now....

 
IEC
5.10-0.05(-0.97%)Aug 24 4:00 PMEDT