Simply Inc. (SIMPQ)

[jamesnames]

It sounds like you sold and you are begging for it to stay low. The bottom line is that unless they race through 10 million in net working capital, which they almost certainly won't, the worst case scenario here is a zombie company for many years, and it will always be capble of trading for a market cap of 10 million no matter what they are doing.

Downside is limited, and lots of things can go right. There is little chance of ever seeing a period of time where significant shares trade hands at 35 cents or lower. I guess if they announce terrible news you could always see a day or two in the 30's, but if they don't announce shockingly bad news soon you will never see 30's again.

I'm taking the rest of the year off. Hopefully when I check IFON's price again I get a pleasant surprise. I may miss a few spikes, but if they truly turn the corner, the price will be over one dollar by the time I check back in. Hopefully I have the discipline to not check for a while.