Langlui's Big Board and Options Plays

[jaybird249]

IGOI:NASDAQ $1.56, WalMart Deal, 400% sales increase forecast
http://www.valueplays.net/2010/03/17/valueplays-tv-316/


IGOI has $1.25 / share cash and no debt with a patenyted suite of "green" electronic products. Was $10 a fgew years ago. Established distribution network of 5800 Radio Shacks and now the addition of 3550 Walmart stores is huge. I can see a strong push to get into Best Buy this year as well.

As the unwinding of the Targus contract took place the margins increased at the expense of revenue growth. As the shift to direct sales is made and new distribution lines are created revenues will increase and margins will be higher than the previous sales model.

This is a screaming buy at these levels. Could see $6 by years end.