GREY:ISYRF - Post by User
Comment by
manizaleson Feb 25, 2011 7:41pm
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Post# 18197264
RE: stuck in 10 - 20 cent range
RE: stuck in 10 - 20 cent range Orilla
A name I recognize.....yes we have a lot of daytraders now but they will get bored after it plateaus out here at
.11 cent range. Maybe it will have a little spike before the earnings come out. I agree Soleus is dead but I have not given up on Destinator yet. Opening up their source code was a good idea to let others try and realize some revenue out of it. Brazil is a big market and Movrix is the biggest seller of navigation products, so we will see. I agree it will take more than steady service revenue to get it permantly above
.20 cent again. Posting a real profit would help too (not constant EBITDA profit!!!!! 2011 some of their tablets they were working on should come to market with hopefully some royalty rev. ( hmm where have we heard that before) The appreciation of the Cdn dollar will help the cash balance as they report in US dollars but most of the money is in CDN dollars. I wish they would have some kind of consolidation of shares for i am tired of all these stock spikes on no news. Good for day traders but frustrating for long term investors. I will give ICS one more calendar year to turn it around..... Rees has a lot of incentive with all those stock options and some shares to make some serious money if he can get revenue growth again without losing tons of money like before. I remember VIQ Solutions when it was
.10 cents and not it is
.50 cents , yet it is doing no better than when it was at 10 cents and has similar revenue to ICS. Yet has almost 50 m cap. Countless more examples out there. It will be a brilliant move if I hold steady or dead money for another year. I am in at
.055 so I will be patient. QNX partnership is the wild card and maybe the ace of ICS's sleeve. Good luck.