Friday, February 24, 2017 1:49:56 PM
IFON is close to a cinch to be over $1 by April. And I have said this since 40 cents. Started my buys at 36/37 cents on January 25th....documented. If they somehow manage to announce good news, and not just better news and a smaller loss, we will be at $2 and more quickly. But $1 plus is coming no matter what happens on the 9th. If the new business looks promising, then we should move higher as launch date approaches (launch in May?). In the meantime, they have streamlined the balance, sheet, settled patent litigation and removed that expense (suits thrown out), and are focusing on the most profitable accounts. IFON is where you want to be. Get used to it.
Interesting that as I was typing this there has been some action. There was a strong bid of 68, and now very strong action at 65 bid and 66 ask. We'll see if this is the final shake out by market makers before the move up next week. We know that in the last week 1.5 million shares exchanged hands at over 60 cents (over 65 average), when the shares were under 40 cents just a month ago.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM