Good luck tomorrow. I'll be rooting for the stock to fly, as it would be nice to see low float mania return. Saw WVVI shoot up 60% today for no reason at all. At least ISNS has positive news about the dividend & stock buyback. Is it up 100% news? Of course not. But maybe momo traders won't care.
ISNS will report Q1 earnings in about 2 weeks. That could cause another quick spike as they're going to recognize a large 1-time gain from PPP loan forgiveness. The PPP loan was over $900K. From the 10K-
On February 2, 2021, the Company was notified by the Lender that the Lender had received payment in full of the PPP Loan from the United States government, and the Company's PPP Loan had been forgiven. The Company will recognize the amount of the loan forgiven as other non-operating income in the first quarter of 2021.
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