My prediction for this week RE: IFSL.
I see a lot of people have convinced themselves that IFSL is undergoing a massive company share buyback program. I disagree with this conclusion. I think this rumor started by a message board poster that manipulated the ceo's pr statement of wanting to buy shares on the open market. While this would be great news, it is not necessary news for stock price success.
Many posters on here have done share price eval. and even at current levels without buyback we are undervalued. Is the o/s share count higher than desired? Of course it is. It always is. I dont deal with pipe dreams, I deal with facts. IFSL is currently undervalued. That is a fact. This company is growing, and it is growing fast.
Our economy is shrinking. People are losing their jobs or taking pay cuts. IFSL is growing during this time. Their services provide value. They spend hours on the phone helping their clients SAVE money. I know I have mentioned this before, but I love that they had a huge phone bill. I was GM for a business that had 8 phone lines with unlimited long distance and we paid 308.30 a month, which included our internet. I was sales manager for a company that ran a call center (lots of people on the phone nonstop) with 32 lines (all with rabbit hunting) and our bill was 2700 per month. I understand the difference in phone bill cost. It is a good signal to me.
IFSL is making money. It is making good money. They are providing a good service and being rewarded for it. Thousands of other companies are losing money and people still buy their stock and get excited when earnings arent as bad as forecasted. This kills me. Companies with earnings forecasts to lose 35 cents a share only lose 29 cents a share and people are giddy. IFSL makes money and we have people bashing their membership numbers???
I bought IFSL based on hope. I added after doing lots of research on this company. I am very excited about where we will go this week and beyond.
The best part about all of this is the fact that IFSL is doing well providing a service that many of us would scoff at. Sooner or later they will branch off into other services that would actually be easier to sell. Think about it for a second. If you help people with NO money and they are willing to pay you, what do you think will happen when they have money and you are willing to help them make MORE money?
I cant promise that IFSL is the Willy Wonka golden ticket, I can only claim that they are an undervalued company making money with a ton of potential that has a stock price less than a penny.
I think the real question becomes how do you justify NOT investing money in something like that? I cant. I see steady growth all week again. I see a small spike based on a PR release, but nothing crazy. I dont buy into the hype about a huge buyback. I dont think it matters if there is.
GLTA.
I am very happy to own this stock.
AI
