What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Innovative Card Technologies, Inc. (INVC.OB) - Quote Info
impressive comeback      8-Oct-09 09:25 am    
After a 30% sell off in a two day period following the news it is nice to see the stock close only a penny off its closing high of .45 cents last week. I thought the sell off was completely unnecessary and cant imagine why people would have sold that news. The problem with this company over the last year has been cash burn and balance sheet. Cash burn has been extremely well managed and minimized beyond expectations. 1.3 million dollar cash raise gives the company operating capital through next summer, and finally the large amount of debt on the balance sheet is now completely GONE. Add all of that in with great clients like PayPal, Bank of America and reseller giant Verisign and there seems to be great potential here. Also the new patent applications are obviosly protecting a new product they will hopefully gain great traction. I see nothing but good things ahead
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

cohibalewin...


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
impressive comeback
cohibalewin... Not rated 8-Oct-09 09:25 am  
 
I agree with the comeback if we stay above 40 cent...
rbati10 Rate it 8-Oct-09 11:03 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Innovative Card Technologies, Inc. (INVC.OB)

Chart for Innovative Card Technologies, Inc. (INVC.OB)
At 3:55PM ET: 0.18 Up 0.01 (5.88%)
Symbol Lookup