Dennis, I own another company, SGMA, that did exactly like IFON after the first big recent run....it shook people out in the 7s pretty good....then took off again.....has shaken some in the 8s, but looks poised to really take off now.
Stocks never do what I think they will in the very short term. However, where a stock price "should" go next depends on answering the following questions:
Does the future look like the company fundamentals will grow, stay the same, or decline?
Does the current stock price reflect your answer to the first question?
Answering these two simple questions makes you less vulnerable to the momentary fickleness of the market. For me, the IM deal fundamentally changes the landscape for IFON for a long time to come.
BTW, delistment won't be an issue after today. We have the fundamentals on our side! IFON is simply presenting one more opportunity today to get in on the cheap, IMO. The selling is on insignificant volume relative to the buying that took us much higher. Keep that in mind, too.