InvestorsHub Logo
Followers 212
Posts 7861
Boards Moderated 1
Alias Born 01/03/2005

Re: TheRaveninexile post# 497

Thursday, 03/16/2006 12:19:55 PM

Thursday, March 16, 2006 12:19:55 PM

Post# of 4721
OT: Ranen - Re: IGAI

I believe it's the bottom. Bought more @ 0.0155, and 0.0145 today. They are working to reduce the advertising costs, and if they manage to do it, it should go back to it's previous heights. Check out the chart. The lock of news, and nothing else it's the reason for the recent drop, IMO. OS of only 20MM, float of only 5M (the insiders own most of the shares, and never sold any), explosive revenue growth, and a ridiculous valuation: Price/Sales of only 0.02. This it's worth looking at more closely. If the next 10-Q (due in April) would show the same revenue trend, and (hopefully) improvement in the bottom line, this has a good chance to jump on a sharp vertical slope, IMO.

Mike

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.