Yesterday, this stock dropped to 2.15 after the open and ricocheted to 1.61 in a flash....absolutely in a flash of volume....maybe short covering or some kind of panic buying; nonetheless, one could see how quickly this can reverse course.
Hey my hoppy friend. You've got to admit that being above 2 is quite a feat given where this has traded for years. Who knows where this dip will abruptly end, but unless the overall market overwhelms every stock, IFON is a pretty good candidate, IMO, looking ahead. Maybe, you should drop the guise and give it some consideration for the first time in a long time. I'm with you relative to the past years since its collapse. The only basis to have owned it was after it sank below its liquidation value.....not much of a business to look at but an otherwise healthy company trading below liquidation value. However, there's something to look at right now in terms of the business again, IMO. Don't let your blinders cause you to look past that, friend. Be hoppy and have a hoppy weekend!