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wadirum1

02/01/13 8:24 AM

#18388 RE: Uglytuco #18387

Nice summary.

And while some might scoff at the term "institutions," nobody here is thinking that Fidelity will come knocking on IDLM's door. But not all institutions are just like Fidelity. IDLM's COO, Haddock, comes from the world of venture cap and early stage investment funds -- institutions of precisely the sort that might find a company like IDLM appealing.

Heck, I wonder if Haddock will get his old firm, Hudson Square Research, to put out a research report on them?

And how much buying do we really need here? The float at a PPS of $0.20 is only $2.6mm. At $1 it is only $13mm. What if instead of 1 Chopper there were 2-3 on any given day? How long would the 20c and 30c shares last then -- especially if selling were to dry up even more based on SEC registration and some updates to the company?

Longs here have sometimes been derided for holding and accumulating through the dark days. I think we're just now starting to see the light of dawn.

Wadi