TSX:IBG.DB.E - Post by User
Comment by
patenrighton Apr 16, 2014 2:28pm
167 Views
Post# 22459570
RE:RE:RE:RE:RE:what happened today?
RE:RE:RE:RE:RE:what happened today?
to be clear fair value is not 3-4 right now but by end of year when we have evidence they are back on track with 8-10% ebitda margins and q1 should give us a good indication if this is happening
stock price now closing in on 2s , broke above last peak of 1.70s a few days ago - good sign , im sure there are many who sold this much lower at a loss or were thinking of buying who never did and are now pulling their hair out in massive chunks watching the price rise nicely here, well, like i said, still lots of upside left.
i myself would probably not chase it over 2, and wait to see how q1 is but risk if Q1 shows profits, or even break even and any hint of improvement and or stabilzation stock could quickly rise through 2s as this is small illiquid cap and can move fast and hard in either direction so best to scale in and average in here.....