Identa Corp (IDTA)

[RichieBoy]

Takeover time folks.

Okay sorry still April Fool's Day here couldn't resist, got you thinking though eh? Well frankly this is the only theory that still makes any sense. Intentional misleading BOGUS PR's, Yaacov closing in on retirement age, presumedly unheralded expansion. He couldn't be doing any worse he would actually be doing more for the PPS if he just clammed up altogether.

A sinking PPS only benefits another company buying out Identa. Friendly or hostile it appears to me this is what Yaacov is angling for. Either that or Mr. Shoham has lost all vision of what a growing company SHOULD be saying to it's shareholders.

The selling off into the news, the ABYSMAL performance of this stock (that's as nicely as I can put it) all benefits someone. My only concern, is that at some stage whatever is being pulled off here benefits the loyal shareholders who helped make it happen.

Wish I knew.

Best...Rich