Some IFSL observations...
1. the 250,000 members criticism is valid. That being said, it is no smoking gun. Marketing is not factual. Deal with it. Ever heard the stupid 4 out of 5 users prefer x over y ads? Well if you find a group of 5 people where 4 prefer x, you have a true statement.
2. I was pleased to see that the commission percentage was so high as well as the phone bill. The phone bill especially. They obviously do a ton of business over the phone, which reassures me that there is some substance to what they do. I find their website disappointing so this is encouraging to me.
3. The net income is a solid amount for a growing company. If they can keep growing, which they should in these tough times, things are looking good.
4. I would like to see some revenue from some other sources increase. The financial service market is very broad. If you can claim a niche in one area, you can easily grab others. I look for this to be where their long term growth would have to come from.
5. What is with the PR being released at 12:15 am??? Is the company going to do a follow up? It doesnt even show as current news on some streaming tools for today. Very dissapointed with this move.
6. I think the rise in stock price we are seeing is quite impressive. Very steady daily growth. It is actually pretty remarkable. Obviously I am dissapointed with the quick rise, then the drop, but still very good for long term.
Good luck everybody. I have been lurking for a while and the repeated puck postings put me over the edge to post.
