INTT - inTest Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTT - inTest Corporation

INTT 7.720

+2.3%

Dec 29 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: EACarl	11/24/2008 11:29:06 AM
	Read Replies (4) of 533

Complete idiot, or not? Time will tell, but it was me that bought the 5000 shares at 15 cents at 10:59. I've never seen a stock trade for ~1/6th of cash , ~1/12 of net tangible equity. I put in the 15 cent bid just because it had traded that low last week for an instant. Didn't really expect to get any, but thought I'd let it sit there since there was only 100 bid at 14 cents. Was shocked when I saw the fill. Will INTT survive and trade back to ~1 times sales, or put 10 cents to the bottom line one good "Q" next cycle and get a PE of 15 times a 4 "Q" run rate ($6), or will they collect their salaries and erode away what's left of the value and ride it to zero? Can they cut enough fast enough to survive the downturn? Yes, I realize that if they "burn" $2 million per "Q", and 2009 is worse than 2008, INTT is done. Will these guys really run it to zero, or sell out before it's too late? At 15 cents, I haven't seen many better risk/rewards. For the additional $750 it's a decent bet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next