RE: Invest in IBR?We may have something in common. I also am a lontime shareholder and bought at much higher prices... except I didn't sell. This company was part of the technology hype of the years gone by. Somehow, I've stuck with it. I feel that even though management has not excecuted as investors would like, they are looking at the big picture.
From what I understand, a handful of investors own 70% of the shares. They do keep tight control of the shares and definately don't pump it unlike some other stocks that won't be mentioned. The fact is that IBR management and insiders are not willing to turn the stock into a speculators market full of hype and letdowns. The stock will move up on positive announcements; period. If no plants are built and the technology is not accepted then it's game over.
If I felt that this was the case then I too would be a seller but recent events and developing news suggest otherwise. It's definately not one for the weak.