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Infosonics Corp. Message Board

  • pjbaker55 pjbaker55 Nov 13, 2013 12:26 PM Flag

    I wonder

    Given all the positive news in the most recent report, the fact we only made $34,000 profit might cause concern? Still not enough for major investors to jump in? Or, the more positive scenario, the nominally profitable quarter is causing major investors to look more closely at IFON. We need to exercise patience while they do their due diligence. What we see now are minor short term profit plays that don't mean much, but, if the company is as strong as we think it is, should see some major stock purchases in the coming weeks. Are last quarter's results meaningful enough to persuade major investors to jump in, or will prices continue to hover in this .50-.80 range until next quarter? My guess is that this last report may not generate much investment, but it will generate interest. We need real profit based on continued strong sales. I'm long, so hoping that is indeed how this plays out. Until then...will try not to be discouraged by recent declines.

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