SwingTrade Member Forum

[MikeDDKing]

IAIC is the latest SwingTrade Favorite. I like IAIC a lot and have been buying heavily. It looks like a potential multi-bagger to me. Here are the reasons why I like it:

1. They earned $0.011/share last quarter which is huge considering the share price of $0.16.

2. They have a pristine balance sheet with a book value of $0.144/share and cash of $0.084/share.

3. In the earnings PR they said they were recently awarded contracts in excess of $3M which is big considering their revenue.

4. They said they have a number of bid opportunities for new business whcih should allow their profitability to continue to grow.

5. On 10/01/09 they signed an IDIQ contract with the Department of Homeland Security.

6. In the Q3 earnings PR they stated: "We continue to pursue merger and acquisition opportunities."