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Technology Stocks : INTT - inTest Corporation
INTT 7.720+2.3%Dec 29 3:59 PM EST

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To: EACarl who wrote (523)12/29/2009 4:48:04 PM
From: EACarl1 Recommendation   of 533
 
RE "Complete idiot, or not? Time will tell, but it was me that bought the 5000 shares at 15 cents at 10:59"

We have our answer, and it is "or not" (at least in this example - LOL)

INTT today closed over $2.00. My $.15 purchase is up 1,253%.
I also had a large share buy in the $.20's. Those 2 buys significantly lowered my average cost which included some buys in the $2's during the decline.
I guess I still need to be more careful and respect the old saying about catching the falling knife.
BUT.........bottom line is that I now have a nice profit on my entire INTT position after being down huge about a year ago.
What a difference a year makes.

Best of all, the stock actually trades! At times in the past there were days at a time when it didn't trade. Now there's volume, there's positive momentum, fundamentals have turned positive, and I expect a profit next earnings report.

What next?
I don't expect a trip straight up, but see no reason why INTT can't get to $3 if they can report a 5 penny "Q" - actually, if "the market" thinks they can report a 5 penny "Q". That could be a couple quarters away.

Where's CEB? Haven't seen him post in a while. He should be enjoying this run.
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