MATRIX Penny Stocks

[explorer186]

IDWS is said to have a 2.5 million float. The company isn’t satisfied with the share price, so it has opted to use many tactics to get the share price up, including buybacks, change of CUSIP number (new one already issued) and, more recently, the issuance of dividends (both cash and stock of the coming 995ad.com spin-off.) The company has already withdrawn the certificates of its restricted stock so they can’t be borrowed for shorting, and a mandatory call of the certificates of the free-trading shares is in progress. I’m not sure if that will actually work as the company intended, but I’m sure other factors will. EPS is 0.21-0.23, and the stock price is still bellow 10% of what it should be. Revenue is still growing, and its holdings are selling for big money. This company has achieved multi-million dollar positive cash flow. The just announced cash dividend will definitely give this stock a big boost; rarely stocks issue a 210+% cash dividend. Right now I view IDWS as having potential that is rare to come by, especially in the penny markets.