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Monday, February 04, 2013 10:21:55 AM
That is not a reason to buy.
IDLM is dirt cheap compared to what the company is worth. This is a reason to buy. However, given the long wait for registration approval, I believe most buyers will wait until they see it before loading up. That will be too late for someone trying to establish a position in the stock to get cheapies at these levels. It's a paradox. If someone believes in the company and is willing to risk a potential wait, they should be buying now if they want more shares. As for me, I have plenty so I am simply holding.
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