Rod, a very ethical company, the leaders in Air Flight Gambling, I even breached my usual rule and talked to management, their symbol is IELSF. Yet, despite the great respect I have for the management, I believe their own floorless will cause them quite some trouble and they will see, IMHO, sub $1 stock value. I became negative when the stock was at $4 and sold, and have kept the same stance since (about two months now), they are now at about $1.25 to $1.5. One of these days, there will be a huge volume/price reversal there (similar to GATE in August last year), and that could give you a nice ride. I am waiting for similar developments in another floorless, TTRIF, but there, I cannot vouch for management, so beware.
Zeev |
