|
Well, IGRM is changing to POKR. Maybe this will make new investors see a company trading at a PE of 3 rather than a company that is trading at about 5% of what it was six weeks ago. We'll see if this helps, hurts or what. New investors should look up the old thread for background info. In a nutshell, 3 guys who used to be senior management at Fed Ex bought a wholesale travel company that specializes in flying people from around the south to gambling areas like Biloxi. They are making money, and have grandiose expansion plans. They have 2 million of the 5 million outstanding shares earmarked for further acquisitions, so any dilution is already factored in. Unfortunately, shorts or whoever have brought the stock down from $6+ to 3/8, so it is not likely to acquire much. |