I'll be delighted if it hits $2+. We need another catalyst. I have significant position. It does not hurt to take some profit.
Hope, my posting was intentional. Charts were indicating a spike. Sold some at $1.68 - $1.70 which I bought at $1.40 - $1.45. Nice %age gain!
IFON may go sideways for a while :-(
On Jan 6, 2014, the Company announced that on Jan 3, 2014 it received notification from the NASDAQ Stock Market indicating that the Company has regained compliance with NASDAQ Rule 5550(a)(2) in that the Company’s closing bid price has been at $1.00 per share or greater for at least 10 consecutive business days. The notification stated that the matter of the deficiency, which arose as of Dec 9, 2011, is now closed and the Company’s stock will continue to be listed and trade on The Nasdaq Capital Market.
GO FOR IT
Margins are irrelevant. Its all profit.
After I sold at .90 I bought even more around .70. Recently after I sold around 1.65 I bought a lot lot more around 1.41 - 1.5 incl a massive amount this morning. Just got lucky :-). I will continue to trade this stock. It fluctuates 20 - 30%. But it seems it is in a solid uptrend. I would like to see $2+ :-)