Optimism, Patience, Time-shifts...
Apart from my momentary lapse of sanity / judgement (due in part to lack of patience and exacerbated by time-shifted revenue expecations), I am VERY bullish on IWEB.
I liked seeing ILS85's targets of 31 and 47 ... I also see those a logical stopping points on the train to $3.50 / share! I think BOTH of those levels will be attained before we celebrate our Nation's Birthday simply doing the math on # of shares outstanding and a more conservative estimate of earnings for Q2 (announced) and Q3 (pre-announced or anticipated since it will be wrapping up about the same time).
Regarding SG's latest complaint of 18-21 range-boundedness, it wasn't too far back the beef was about the 17-19 range ...
Yes, I want it FASTER than anyone out there, but if we can just build that steady momentum of higher lows (we're doing that) AND BREAK OUT above 22 to FINALLY set a higher high (BIG TEST underway), I think we'll set the stage for an assault on the balance of the 20s. (I don't think it's an automatic run to 31 from 22+ -- we'll need some news.)
All along the way, we'll continue to deal with these pesky retards that keep whacking the Bid -- just think, you're selling out at 10 cents on the dollar! (You heard it here first. Read this post again in Dec 2011.)
