it may go down 10-20 cents but I believe this will be the base now to move up. Not that they are profitable or anything but newbies will come in and everyone who sold pretty much has sold as it has come down from $5 to 1.3 in 3 months. All the year end tax sell-off was done
Any news at all and another 50 cents up tomorrow.
So they can sell to others to move the stock more and it feeds upon itself. $2.50 by Monday.
No guidance whatsoever......They did mention issue with the strong dollar may affect margins.
You have to understand the psychology.....Lots of newbies will see and say wow, $5.50 is the price target so I can buy safely until $3....And, everyone sold due to tax loses already sold.....This is GOING UP
Remember, the Atlanta, broker-dealer are going to be call up uneducated people to pump and buy this stock. So, it will go higher. Not that the company is making any money; the conference call admitted their revenues fell and their margins fell some 8%.
This will run-up to 2.50 at the minimum. Look at all the newbies showing up and will try to buy before closing bell.
There will be another pop tomorrow but probably only 5-15%. I wouldn't sell. This is a multi-day run-up
Ask yourself why of all the companies to research and write about why she and Zacks chose a no-nothing company?
IFS Securities is a known bucket shop that sales (brokers) stock to poor, uneducated Blacks in the South. They are easily fooled so I expect this to go up to $3 in just a couple of days.
Bwahahahahahhaa....only 150,000 shares.. Try to sell and you get whacked as only the market maker is buying
You do know that that three fourths of the "executives" of this Atlanta-based broker-dealer is Black don't you?
Black people are THE BEST AT analyzing and investing in money. This is why all the Black football players, basketball players, and baseball players are so wealthy in retirement.
BUY BUY BUY BUY BUY NET ELEMENT as they reiterate a buy at $5.50 price target.
Do you know reputation of IFS Securities? Google, "IFS Securities Complaints
and tell us what you find out....
Yup!!!!! $2 by end of day