BABA, very soon it is going to rebound and will go up non stop and strong. This has happened with good IPOs in the past. investors are waiting for stock to settle down and will start buying after. Just watch and see.
I am not counting on words of those people who try to spread rumors of buy out or big contracts for the IFON. But, there is a possibility of buy outs for this kind of small Tech companies (based on my own experience). Especially because of a sudden jump in the trading volume since past Monday. I am wondering, how you can short this kind of speculative stock and sleep comfortably at night.