TopgOptions

IRNT the next SPRT???

NYSE:IRNT   None
I remember my first call of SPRT at 2.6usd, when it one in top 3 most shorted stocks.
In few months it skyrocketed to 59usd the dropped to 11.8 before the merger, GREE, which also went down 22% yesterday.

IRNT seems to have the same pump characteristics.

The fiscal results are modest. Annual Recurring Revenue of $24.1 million compared to $19.5 million at the end of the same quarter last year, for a company with a Market Cap of 2.713Bil.

Sure, there is still room to grow before the big selloff, but be aware of the pump and dump pattern.


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