GREY:ISYRF - Post by User
Comment by
Fumeson Jul 27, 2014 8:36pm
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RE:RE:RE:Well come on you guys were back to a $1.00
RE:RE:RE:Well come on you guys were back to a $1.00 Orillia7, I'm not one of those angry ICS(ITC) investors. I made money with ICS back in the crazy 1999-2001 days and when I began nibbling again after the crash the price ben to slide. I purchased more during Glenda's reign, but after the stock hit the .30 range I stopped following. I contemplated going in big in the .04-.06 period but decided against it since I saw better investment opportunities elsewhere.
I'm not sure if you have read some of my earlier posts over the years, but I'm a big fan of ITC. They are a top notch embedded/mobile solutions provider. 0.76, before the consolidation, was not necessarily impossible. ICS was pushing .20 not long ago, so put that in terms of the post-consolidation period, that seems impossible. Regretfully, if ITC does not show some major contracts, it will return to ICS levels. We can't expect 1.50 when there are other companies that have much greater revenues and are not even at that stock price level.