SwingTrade Member Forum

[SSKILLZ1]

IAIC.OB

Yes I totally agree with you as I said before I don't know if that is a good thing, because of how my luck has been lately. I brought a tiny starter of 20k this afternoon at .18 to start.

Reason why to buy are painfully obvious, I mean heck the cash is essentially the same value as the stock price. And roughly a 175k NI quarter, which I feel will be around at some point, could send the stock flying as that would get rounded to .02. I don't see much downside with cash where it is right now, plus there is significant potential upside if they post a .02 quarter which is possible. Even at 1 penny a quarter roughly, the stock is trading at roughly 5 times earnings, and your getting the company essentially for free, net of cash. Seems Like a good buy here. Will continue to add on weakness. All is just my opinion, and I could always be wrong though.