I'm trying to remain positive about this so-called lawsuit. It could be a ploy by big player(s), trying to get existing holders to sell out of fear while they accumulate a large number of shares. Naturally, they would like to see the pps drop while they are doing it. If so, may not work with CEO continuing to buy. Either the CEO is willing to throw money away, or he is excited about what he sees coming..jmho. BTW, do you think that is the real CEO that has been posting on this board? If so that is exciting. Last time I owned a stock where the CEO did that, the stock increase several multiples from its low in about 6 month time frame.
Trading with inside info about "not-so-good"earnings report, running scared, or MM manipulation to accumulate for buddies?
Wow. Listed on major exchange and hit the circuit breaker to halt the upward movement. I've had some big ones but never had one to move that fast before. Sold that baby. Suspect short covering. I think I'll have a hot cup of green tea now. Maybe IPAS will be next; you just never know what tomorrow might bring.
Maybe we should hope for "not-so-positive" earnings this Qt with maybe a pull-back in pps so that we can add more cheap shares. I suspect the MM has a lock on the pps while some buddy big players are still trying to get in. I've had POS stocks 10x worse off than IPAS make huge gains in the past few months. My crystal ball indicates this will run sometime in 2016. Good luck to all.
These are someone else's thoughts.
"Too often the heroic comeback — if it occurs at all — comes after years of sluggish performance. When the loser stock finally returns to break even, the investor will dump it — sometimes just as the company’s fundamentals have finally turned around. Thus the individual investor manages to be wrong twice on the same stock: A bad buy followed by a bad sell."
Thanks for the response. Obviously I don't know IPAS business strategy very well but it seems like IPAS should at least consider expanding into the public sector to grab those that might be interested in using your service. There are a countless number of people with apple and android devices that are not part of a business. Maybe the company believes that would have a negative effect on getting businesses to signup, and maybe it would. So just my thoughts. Anyway, my best wishes for IPASS.
As an investor in IPASS, I've been thinking about signing up and using the Apple APP, if for other reason than to support my investment in IPAS. Appears too complicated unless you are an employee of a company already signed up with IPASS. For anyone else, it appears to require too much effort on upfront input before one finds out what the cost is to sign-up. Tell me how great it is (for me) and the cost upfront before anything else. As an individual not associated with any company, I might like to use this service occasionally, but not very often. Tell me your price structure upfront so I don't waste a lot of my time. I don't want to give any personal info unless I decide to sign-up. Maybe I'm missing something, but it appears to me that the APP could be made much more user friendly from a signup standpoint.