This company has been a solid company for decades. It needs more institutional ownership. IDTI does a good job of marketing their information to the media and the public. The Chip makers are not doing well right now. I can remember vividly when IDTI hit 90 in 2000 and of course the split in 1995. After 14 years of drought IDTI stock did well in the last 52 weeks,But I am hoping for bigger things ahead for iDTI.
Wireless charging will be a big thing,so I expect IDTI to eventually hit $70 in the next few years. More in the range of 2 -3 year range.
Just remember this,if it wasn't for the media hatred back in 2012-2013,this stock would already be $125. Throw the stupid sell offs on good earnings from previous quarters. The stock could easily have already been $140.
AH,BILL make that $150 by Dec 31,2015 and DEC 31,2016 look for $300. Yeah Baby! Hopefully,you guys will not go into PAINICMODE and make some huge money.
Jimmycrackcorn- It sounds like you intend to make a fortune and you will make a fortune. I have been saying for Facebook will hit $400 in a few years. If it takes 2-3 years to hit $400,who cares,but it will reach $400. At this point I will sell and probably make a major mistake,but at least I won;t be a sucker until then. All the scared traders are worried about PE ratio which has not meant a thing in over 15 years.
Bare in Mind,I said $400,but if somebody says $500,I would not challenge them. The kid that runs Facebook has a vision and he stay's ahead of the curb.
FB tends to go down on earnings day,but this time the opposite is going to happen. The brave will cash in On FB. Hillary ROTTEN Clinton wants to raise Capital gains,but she will not get my vote. Miss Ugly already has her money from RED Clinton and her own money.
I already said that way earlier today. It will probably be $400 in 3 years. Only the people who do not have ants in their pants will make the big money. If your scared you will be out by 100. Stay Strong and hold on to $400.
The stock will eventually hit 400 in a few years,but if you're scared you will second guess yourself. The rich won't second guess themselves. They will hold on for the big payoff.
PE's have been down the tubes for more than 15 years. It all comes down to if the their are more buyers than sellers. IDTI is a great company that I did well with in 1995 and 2000 0r 1999. I expect this company to break $100 in less than 2 years.