Identa Corp (IDTA)

[RichieBoy]

Not liking that volatility on such low volume

No sirree Bob/Roberta, not one little bit. It only underscores Identa's propensity to dive lower IMHO. May I remind nay sayers the fact that Kodak failed to reinvent , failed to adapt and paid the ultimate price.

Still say Identa needs another product. Of the variety that sells well ( I mean extremely well) and doesn't cost shareholders dump trucks full of dilution either, if you know what I mean...

Reagent detectors have there place albeit such a small niche that revenue will likely always be a marginal yawner just like today. Why doesn't Identa get with the times and out an electronic detector like dozens of other companies have. They talked and talked about JV and Acquisitions where is the walk? Reagent detectors have such skinny profit margins the towering dilution wasn't a complete surprise by any means. Shareholder profit potential was doomed from Day 1 anyway with enough fluff to float a battleship. I tell you Identa needs significant achievement as opposed to pie-eyed potential and they need it SOON because bottom line the revenue outlook is just getting bleaker with such weak sales reporting. This Kodak moment was brought to you by citizens for a more transparent Identa...we're global!

MHO folks, yes YMMV (but I SERIOUSLY doubt by much) the writing is on the wall IMO