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IBDvalueinvestin (99.64)

IFLG hits $7.29 looks like a pumper stock to me

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May 13, 2010 – Comments (2) | RELATED TICKERS: IFLG.PK.DL

Staying well clear of this stock.

I don't understand why people are buying it when you have solid companies posting extremely good earnings with big upside on the forward EPS estimates:

GIL, ENS, ANW all three today reported solid earnings , so why risk your money on a lottery ticket called IFLG ??

2 Comments – Post Your Own

#1) On May 13, 2010 at 10:52 AM, IBDvalueinvestin (99.64) wrote:

Wholly Crap , I guess pumper stocks are better than solid stocks.

IFLG just soared from $6.70's when I mentioned it to $7.75 just minutes later while at the same time ANW went from $28.50's to $27.90 at the same time.

 

Makes me think people like risky stocks more than solid ones today.

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#2) On May 13, 2010 at 11:26 AM, IBDvalueinvestin (99.64) wrote:

IFLG holders, I am not shorting your stock. Its only going down because those that pumped it up are now selling.

Its a classic Pump & Dump

Besides I can't find any shares to short even if I wanted to.

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