At the moment market is not as much interested what IW will do but where it is standing right now. Deals are great, but investors want more. A motion unfortunately attached to every excellent growth stock. They want more extreme deals, more money, better yet deals. SW's application for Nasdaq is a great expression what market is paying for in last few days. I was thinking about this reaching to long time ago when I was investing in exploration. Every time stock would hit its yearly high, the pp would follow to cash in on potential. CC's suggestion of pp for IW growth is valid one and I think as suggested on on RB this is being forcefully negotiated for last three days on the market as what one will pay for share of a new pp. Yes, CC say jump and folks out there are asking how high. The price of 40 or more must have been high for CC for pp, therefore they are locking the level maybe for IW to revisit their own requirements. I wish IW would find a MM in US, sell new shares as a PP day or so before Nasdaq listing. For one thing CC did great deal of show for folks who would buy in for pp. "we have set the price at 35.00, we let it go to 49.00, we told the target is 56.00 yet we squeezed it down to 35.00" We are in control. We will help on our terms. Something like that is a powerful message. Without any current US banks jumping in, still with great need to grow larger, where money is needed(nothing wrong with this at all)Canaccord can pet, frighten and love at the same time. Nasdaq would be the key to open a new door, but would US broker be ready for Canaccord to come hard and claim the ownership? Yorkton is a penny dealer but look what they have done to bid.com while stock was listed there. IW is a technology driven enterprise in the hottest sector since pc, I am quite positive that IW mgmt is ready to escape the grip, but without open arms at receiving at this moment, jumping now could break their neck.
Something to speculate about. |
