this is a stock that is manipulated by the market makers, pure and simple, stock price bears no relation to what the company is worth but to what the mms want it to be in conjunction with a few speculators
unfortunately this board occasionally gets visited by some crazy posters, usually short, who have no history of owning this company, I have been invested in IMMR 7 years and know that the share price is finally catching up to the value of the technology and patents in IMMR's portfolio. This is on the way to the low 20s.
Sentiment: Strong Buy
you are quite mad to think that touch will go away, it is just beginning to become universally accepted, soon it will be ubiquitous, more and more companies are adopting it and IMMR is the key player in this field
Sentiment: Strong Buy
there will be no more huge pullbacks as we've had in the past because now that the company is on a solid footing and shown that a steady revenue stream can be expected the two factors that caused such large divergences in the share price have been eliminated, namely speculators and low volume. With consistently higher volumes there is no more room to manipulate the price and hence no more room for speculators to jump in and out. we will have small pullbacks on profit taking but then higher highs as this moves towards the low $20s.
I am pleased they finally got there act together, to say it is about time would be a huge understatement, looks like nothing but upside from here on
wants to go much higher
I would say that $11 is at the very low end of where this should be, from now on we can expect a steady climb to the low $20s, higher if we get some more licensing deals, finally they are beginning to bring in real and significant revenue.
this is where your reliance on analysts has led you astray. First of all, even when IMMR didn't have the multi-year Samsung deal a few years ago it was trading much higher just on the potential of the technology and the patents. Now that the technology is being adopted big time and is sure to become an industry standard, the share price will rise to match the rising revenues. I'm afraid the analysts have not been covering this company for too long or they would recognize this, I have been invested with IMMR for seven years and the recent developments have finally put the company on a very sound base with even more to come. Sell, underperform, or hold are sentiments that may have been applicable before last week but not any more. The way I see it IMMR will be in the low 20s by October.
hey there intellectual superior, I think I've heard that line somewhere else, I think on AVL, nice cut and paste job, is that how intellectually superior people operate? Anyway, all rare earths are on the way up, so get used to it.