I just think that this is the 1st time in the past 6-7 years I have even seen a sniff of IEC looking promising and at the current share price and the total amount of shares on the market that there is more upside than downside.
Management has done a great job keeping this alive as I've seen plenty of other management teams milk the life out of a struggling company.
It seem's these guy's really want to make this work.
An accountant friend of mine look at a financial report of IEC's around 5 years ago and told me they will probably be broke in 18 mths (that was 5 years ago).
As you can probably tell I'm in so deep that I'm probably just looking for any ray of sunshine but that small profit is definitely that
IEC Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held