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Rally yesterday on news and bigger rally today. Running website for P&G now. Small market cap, if they sign deals for any other big companies could be a $10 stock. Already does about $300 million in annual rev.
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4.67 close today. almost back to the news spike from Jan. Considering the Price/sales ratio, if they can get profitable with these new deals could be a 10x over the next coule of years.
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quote:Originally posted by metal1: 4.67 close today. almost back to the news spike from Jan. Considering the Price/sales ratio, if they can get profitable with these new deals could be a 10x over the next coule of years.
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still long, up almost 100% over the last few weeks. made money minus one charge on their last earnings report. competitor got aquired by Ebay recentley. close 6.64 today.just 1 times sales would be around $24/share. not out of the question over the next year, if they don't get bought out first.
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yeah, without the full form hard to tell if it really means anything. I'll try and find the actual filing. company already said, a bunch of options are expiring this year. I'd be selling some too if i had more than a few thousand shares. don't forget that officers always get more options and stock grants every year. I always take insider selling with a grain of salt. I'm also long IMAX between 2 and 6, now 32. if I would have sold as insiders sold, I would have been out by 10. if their next earnings stinks or the market starts to implode, I'll revisit.
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I just looked at yahoo, looks like they were all options round trips, so the insider sales don't really mean much. I'm not saying it won't go down of course, but thanks for the heads up anyways..
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