News could come at any time.
We have the HERE sale.
We also have the Samsung patent infringement ruling.
Any one of these could send us significantly higher.
Meanwhile, I would love to see more people short this stock. The more short interest, the higher the pop.
These two transactions take out 21% of the shares.
Insiders own 12 % of the shares.
That leaves only 67% of the shares available (about 4,7 million)
This comes on the heels of Roth Capital's 952,383 share stake (with an option to purchase addition 700+ thousand shares)
Singer has no stake in Nokia.
Only derivatives, which you can't vote.
The news releases made me do it. (only bought a little)
However, I may regret my purchase as Greece could pull this market down and provide a nice opportunity.
If the market tanks and ORPN holds, then you know you have a good thing.
All I can say is WOW!
Already got it. Like the way they're revolutionizing the ad business, their big foothold in China, and their fory into data fusion. Only have 200 shares. but waiting for a small dip to add.
Another I have and like as well is Bio Blast ORPN. Similar stats as IDI with ample cash and no debt, but only 4mm shares outstanding. Got to grab it on dips...the only way. Oppenheimer has a $32 price target! and Roth has a $25 target.
It's trading around $8 now
$7 million cash
low share count outstanding, only 13 million shares
30% held by insiders
on the cutting edge of advertising.
Points to higher prices ahead.
almost 38% held by insiders,
$5 million in cash on hand,
great pipeline of products.
Patience is all that is required. Everything will come to fruition in time.
It would be nice to 8.00 and change before the HERE sale is announced.
Could push us up over 9.00
Then Samsung licensing news could get us to 10 or higher.
If it closes above 7.40 we will have run to 8.00