Jagman - Not so sure I would avearage down if I already held $2,000,000 bucks in the stock. On the other hand, you may be right. Would imagine this person would have much better information than you or I on the ongoing developments in the company.
I really like three factors:
1. One person thinks enough of the company to put up $2,000,000 at $1.11 a share.
2. Aeros Aviation settled for options for 300,000 shares at $1 a share.
3. Growth Stock Watch--which has won several investment awards--picked IDCO as 2005 stock of the year, and projected a price of $10--12 to 24 months out.
Add to this Doubloon's investigation and my own DD conclusions with what I come up with, and I am quite bullish on IDCO--especially at these prices.
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