HALTED FOR MATERIAL NEWS A halt is generally done when there is MATERIAL NEWS pending. I called for a HALT on Friday, a pure speculative guess on the basis of logic and common sense. I respect this management and have learned to read their corporal language. Believe it or not, there is corporate lingo if one is able to detect it. Afterall, companies are run by humans and if you understand human psyhology, you will understand and be better able to predict their behavor. Imagine that you are watching a tv program and you see a lion approaching a calf slowly, it would not be hard to forcast that it is a matter of time before the Lion eats the calf. Now I cannot explain all of the body language of the company in its press releases and commentary. This is what I believe will be announced, again a pure guess.
a) I guess that IPO details will show a pre-money valuaton, I would guess of $ 400 million.
b) I guess that a declaration of dividend of 30% of the pre-money in Ortbso shares will be announced, so $120 million dividend amounting to 35 cents per share, payable to holders on record as of third week of April 2012, for pending IPO to be launched in the first two weeks of May 2012.
c) I guess that the IPO will be launched on the Nasdaq exchange, share price offered $ 10 per share.
d) I guess that the number of users of Ortsbo will be released showing 55 million users.
e) I guess that ibititiphone number of users will be released showing 5 million users.
f) The next following day, I guess that financials will be released with a surprise profit of $ 10 million from Orstbo launch that was after the trial period, which equals to price paid down by SYN.
In terms of strategy, I guess that halt was most beneficial at this time since it would give maximum exposure to Ortsbo because of the Academy awards and connection with Variety. I guess that the actors are going to promote, I guess, Ortsbo to the world when they answer questions from the audience.
In terms of stock price, I guess a huge spike in price following by several days of strong rallies. I expect INT to challenge and make a new high fairly quickly $ 4 to $ 5 range.
This is what my magical crystal ball tells me.
This email contains my speculation which is nothing more than pure guessing.
Good Luck,
Do your own dd.
JMHO