Today IS encouraging:
To begin with, as Maria pointed out yesterday, INDV appears to be at a bottom, or very close to it. In a addition, the volume is picking up slightly, and the DOW seems to be stabilizing somewhat for the moment.
Also, consider this... as per the terms of the propsed merger, INDV turns in 2 shares for each share of DTOP. Admittedly, INDV's EPS is nothing to brag about currently, as they seem committed to longer term growth. Today INDV came out with an analysis of 3Q earnings, which again doesn't paint the rosiest of pictures.... BUT DESPITE THAT, DTOP's stock is rising. At the present it's more than twice the price of INDV, which means that apparently DTOP investors may know something that we don't, or at the very least, if you buy INDV now, you're actually getting it at a discount!
I added today. Hopefully we'll see some action soon!! |
