Carepedeum and all... Just a reminder,IAAC has a stockholder's meeting Tuesday at 10:00AM and in my opinion this is a perfect time to jump back in or add to your position. After spiking to $27 on the opening of it's Intltrader.com site the stock has stabilized in the $12 range and closed at $12.50 Friday on a paltry volume of 11,400 shares. The short timers, day traders, and momo players have left and the stock is now held in strong hands who are anticipating a split of perhaps 5 to 1 or more as the current float is only 1,719,000 shares. The company has also promised to actively promote the stock and get the word out. In the last 2 weeks IAAC has been mentioned in Business Week, The New York Times, Fortune Magazine, and Bloomberg's which called them "The Wal*Mart of Global Investing". Individual Investor Magazine also had a positive article on foreign investing last week with no mention of IAAC but promoting investing in other countries. Can CNBC be far behind? With the recent positive earnings news, earnings per share up 92%(which include start up costs for INTLTRADER.COM) I see little downside risk in this issue. Rande, if you like NATS you have to love IAAC. With a micro float, record earnings, first to market in a niche category,snowballing interest in that market(international investing) $29.95 trades on International equities and I almost forgot, will soon be trading U.S equities also for $14.95 on limit orders of 5000 shares or less. What more could one ask for? And yes I am pounding the table on this one. WAD
EDIT: Make that Market orders for $14.95 |
