From KSE"to be totally truthful, i think right now the stock is on automatic pilot for a little run in the next few days. i think i have a feel for management and their m.o. and i think they are probably stockpiling news for next week, maybe even one piece of big news."
KSE, re: MO, yes mgmts plan has been executing well and I too feel that there may be some LARGE news this coming week. It seem we are building up to a crescendo...bit, by bit and S_L_O_W_L_Y IDT has turned and Step by Step she's makin' headway until POW!, I would not expect "major" news at the first of the week but rather a building up to da pis de resistance'...
Interesting the Click2Talk on Yahoo, but, we know IDT is a partner of Yahoo. I actually have been expecting some E-Commerce news from Net2Phone perhaps this coming week... In the most recent release Goldblatt, stated they were working on many "other" applications hmmmmm...?
Either way, as you so eloquently stated we are on auto-pilot so to speak and IDT is going to go up for any # of reasons which you et. al. have articulated so well...
FLOAT- "as of 2:38pm today"
§¶¶-based on minimal research float has shrunk to ~2.4 Million 1.6+866,000=2.466Million or 3.2Mil-866K~ 2.334Million left +/-100K
"newmill re float This subject definitely bears watching. What is clearly happening that idt stock is slowly being taken out of commission.
The over 5% investor is undoubedtly going to hold for the ipo. There has been a significant amount of accumulation in recent weeks, and they will most likely hold for the ipo.
As we get closer to February 17, the naming of the major corporate investor, the sec filing for the ipo or spinoff...every day we get closer investors will be less willing to sell at the very moment more are coming to buy.
I am a very big believer in the power of liquidity in the overall market and the influence of liquidity....money pouring into the market from new investors, baby boomers, etc. And I am a believer in supply and demand for stocks, and I think we are at the beginning of a supply and demand crunch for idt stock, more demand with less supply, making it more valuable.
The truth is, all hype aside, JB Maria's chimpanzee can see how internet ipo's are trading. So selling idt cheap is not the brightest move when it will almost certainly bolt up, and could move up very dramatically.
And i dont know Harry and the Chicago crowd but what they say rings true. I know for a fact that there are new groups of investors coming in, and they have already started to make their presence felt in the movement of the stock.
Sometime very soon, we are also going to see the mother of all short squeezes, but what's going to happen is that the stock itself will be squeezed and the result, simple supply and demand, is that the price of the stock will go up."
cheers |