From what I've heard, this guy Gary Griffith is the real deal who can take this company to the next level , leveraging off of where EK has positioned the company which is now clearly centered around OMX growth exclusively. Just going to require a little patience IMHO. The more that catch wind of this company and their inter workings with the likes of Microsoft, HP, GE & the Comcasts of the world the more it is going to accelerate in price. Wouldn't surprise me to see this in the 1.40's , 1.50's again soon. Instead of panicking a week or so ago like many did, I loaded up big time. Let er' ride !!
Their prdct offering clearly offers a level of service, security & reliability that is tailored to the serious business traveler and associated corporations with an emphasis on Europe as the primary presence & target market. At least that is my take. Hell of a lot of press lately on this WIFI surge; can't imagine IPAS won't be in the mix in a big way &, as such, can't imagine the price hanging around a buck much longer. Should be at least a $2-$3 stock in my opinion.
Sentiment: Strong Buy
Just my opinion but he has mostly spearheaded the transition they have gone through over the last year via shedding the Unity business & getting the company focused on where the biggest "bang for the buck" is, which is clearly in the open mobile (OMX) arena. In essence, he has gotten the company in the pivotal position they need to be in to effectively grow & he's passing the baton over to the new team. WIFI is huge & only going to become more relevant in the future and IPAS is well poised to be a major player in it. Now they just have to execute.
Sentiment: Strong Buy
Maybe they just came to the conclusion that it's worth way more just to remain independent. One never knows what could have developed behind the scenes during the strategic alternative exploratory process. I'm guessing this will be the last chance anyone has to pick this stock off at these levels. I loaded up big time. The demand for WIFI is going to grow exponentially worldwide & IPAS will inevitably play a significant role in it.
I think he's gotten the company in a pivotal position to legitimately grow now. Fresh legs are coming in to take the reigns. Picking up 20k shares certainly appears to be a vote of confidence for the transitioning team.
Old Tech ? Then why exactly would companies the caliber of HP & Microsoft be loading IPAS's program on their prdcts ? Mobile better & more secure than WIFI ? Really dude? Way oversold here. If the company had zero net worth & no cash and they weren't lining up big name customers as they have..... then I'd tend to agree with your assertion but that clearly isn't the case. This is panic selling in my opinion directly attributed to the non-sale announcement.
Sentiment: Strong Buy
That's certainly a positive sign. I'm betting there will be more to come from others in the not too distant future.
This thing is at a fire sale price at the moment IMHO
Probably those that are still abandoning the stock with sell limit orders at 90 cents. That's my guess. Dust should settle this week sometime & any favorable news will send it northward. When you really think about it, if the sale prospect wasn't in the mix, this stock would probably have gone down a bit on the earnings but not to the 90 cent handle. That said, once reality sets in, I expect we'll be back in the mid one teens to one twenties within 30 days, maybe even quicker with some compelling news. Load up & stay tuned !!
If you peel back the onion & really understand how IPAS's prdct is differentiated from 3G/4G (faster, more reliable, more secure, more cost manageable, superior data transmission) it's a wonder why every company out there would not have their respective employees equipped with it. Recent selloff is obviously attributed to non-sale event but with an encouraging earnings report, engagements with the likes of Microsoft, GE, HP etc, etc., I'm loading up for the long term play.
Dude, we get it. You are a genius. btw, are you by any chance on the phone in some boiler room soliciting massive buy orders for this thing while you are trashing the #@^# out of it on this board ?
Agreed. Same company had a price target of $5.00 last year when it was trading at about a $1.50 which I thought was totally "out there" &, frankly, irresponsible on their part. That said, I get the impression they are a wolf of wallstreet pump & dumper type of boiler room shop.
Agreed. Seeing a lot of new names on this board. Do you all remember this thing going to $1.05 last year only to recover to the high 1.60's later ? Not suggesting it will go back to 1.60's anytime soon but betting north of 1 as early as the end of the day & into the 1 teens, 1 twenties within a week or two after all the panic dust settles. It would be one thing if they had zero cash, but clearly not the case & they have their wagon hooked to the likes of Microsoft, HP, FB , Regus (just released press release on) AT&T etc, etc... Do you really think companies of this caliber would be doing biz with these guys if they had a concern ? I could see if the cash position was near zero, but it ain't !! May sound crazy, but if this company gets close to break even point via these new engagements, the stock could climb back upwards rather swiftly. Just my opinion, but nobody should be freaking out at this juncture IMHO. Sure, a buyout of $2-$3 would have been short term sweetness, but could actually be a better play long term now. Time, as always , will tell.
Like I said earlier, the company is either in the process of being sold or it's not. Now we all know. So now we are back to square one , so to speak. New sheriffs in town, Evan a goner and so on & so forth. Can't help but acknowledge that if companies like Microsoft , FB, Uber, Regis & At&t are getting in bed with this little company, there must be something legitimate with them. Can't imagine companies of that caliber would be hooking their wagons with them unless they have a product that is worthy. Probably a bit of a volatile day tomorrow, some disgruntled folks will be baling which I personally think is a mistake. She's a "hold" for the foreseeable future. Just my humble opinion.
Good news bad news, but I'll take the good which is looks like EK is going to be history, or at least only be playing a transitional role , and rather impressive relationship with Microsoft established & they beat the street consensus by .01. So, now it suddenly becomes a long term play again & I personally like the prospects . Would be crazy, in my opinion, to get wrapped up in any sell off that may occur tomorrow by those who were in this for the quick "in & out"...... Conf call should be interesting.
If he starts out like the last call with "We're not going to talk about the status of our initiative to seek strategic alternatives" that would be a positive sign, in my opinion, that something is still on the burner. That said, don't see why anyone should be compelled to sell. Ride it out til the fat lady sings.
I don't believe they have rolled it out on a mass basis yet. It is available for customers to by directly as previous press release indicates. I think March is the big roll out so probably a good opportunity to invest in this now as it should make a run at least in the short term on the news. Up today nicely , perhaps in anticipation of the official rollout news forthcoming ?