Use access key #2 to skip to page content.
$5.97 -0.09 (-1.49%)
12/4/2008 3:48 PM

iMERGENT, Inc. (IIG)

CAPS Rating:
*

An eServices company that provides eCommerce technology, training and a variety of web-based technologies and resources to small businesses and entrepreneurs.

View All Commentary (IIG)

Recs

10

Avatar kristm (99.89) Submitted: 12/19/06 4:22 PM : Underperform Start Price: $26.62 IIG Score: 37.52

Best case scenario, this is a very lucky company that makes a lot of money teaching easily fooled boobs into paying lots of money to set up horrid looking e-commerce Web sites selling dubious products.

Worst case scenario, it's a very bad company that has fooled investors into thinking it falls into the best case scenario.

My vote goes with #2. This company has no recent news or press releases but the stock keeps shooting up in bursts and spurts. There's an absolute glut of information about it online - IIG has more trolls posting for it on message boards than some Fortune-500 companies do. Every negative comment somewhere has a dozen positive responses from some account that never made a post before. Classic case of stock pumping.

Even if it falls into the best-case scenario, how sustainable is a business that, despite supposedly earning millions of dollars, can only produce customer testimonials from owners of some truly hideous Web sites?

Report this Post Replies: 6 | Reply | Permalink

Avatar brightidea2006 (42.02) Submitted: 1/05/07 12:11 AM

Recs: 0 | Rec This

I am amused by your surety and smugness regarding IIG. Have you done any homework on the fundamentals of this company? Your post is worse that stock pumping - you post as those you are informed when you have not demonstrated anything substantive other than your "gut" feel and conjecture.

This stock is working because they have actual customers, in a huge market, it generates $50M of cash and liquid receivables and has signficant leverage in its model.

You are welcome to call me a pumper, but I have facts vs. your dribble.

Report this Post Reply

Avatar kristm (99.89) Submitted: 1/16/07 8:16 AM

Recs: 1 | Rec This

Sorry, but my gut and good judgment have always done well for me...

Numbers are so easily manipulated - even closely watched, well-known businesses have been able to sneak in reports and figures that don't reflect reality. Accounting tricks and bombast can take a stock a long way before people see the truth.

What I see is a company that has very little to show for its supposed numbers and customers.

If an automaker released an earnings report with good cash flow and positive growth, I might swing by a dealership and check out some of their product. If all the vehicles at the dealership looked like rusted out Yugos, I would take that into consideration and dismiss the earnings report as being worthless. Even if they are based on reality, customers would soon see a lack of quality and stop buying from the company. Look at the long term picture.

I checked out IIG's product, and all I see is a bunch of rust and rot. Their reports are worthless. I don't care if the "stock" is working - how well does the company work?

Report this Post Reply

Avatar kristm (99.89) Submitted: 3/19/07 10:24 PM

Recs: 4 | Rec This

Per my comment about people who never made a post before..

Check out the details on these Caps players who have made a hard push for IIG: ultimatespinach, HuggyBoo, reely, bscgovman, ste2fan, mediumkool, and uscgrad68.

All swept in and put in a glowing recommendation for IIG, picked a few other stocks with no pitches, and never came back to Caps again. A few of them posted replies to existing bear comments but never made other pitches, most never even bothered to change their Caps avatar/icon. This is an absolute JOKE folks! Probably multiple accounts set up by the same one or two people looking to pump worthless shares of a worthless trash business.

Report this Post Reply

Avatar SammyG77 (< 20) Submitted: 4/11/07 4:49 PM

Recs: 0 | Rec This

I think the underperformers who have made a nice profit on this company, should get out why they still can. The DCF and Stock price can only be out of sync for so long. After the next CC, this stock will show up on a lot of "screens", and it will have a nice run for several years.

Before you ask, I have done my DD, listen to the CC, attended seminars and read the AG reports.

Report this Post Reply

Avatar kristm (99.89) Submitted: 7/14/07 2:50 PM

Recs: 0 | Rec This

More Caps players to check out: megallazido and JFegib. Just playing the system like the others I listed before. Notice how all the outperform pitches, even the short ones, have at least one recommendation? Somebody's spending a lot of time trying to shine up this rotten apple.

By the way, be sure you don't confuse the services offered by Imergent UK (www.imergent.com) with the services offered by this company, iMergent (www.imergentinc.com). Google searching for imergent takes you to the former, not the latter. The former is a legitimate company with actual useful services.

Never trust a company that uses all stock images on its Web site.

Report this Post Reply

Avatar kristm (99.89) Submitted: 6/15/08 12:40 PM

Recs: 0 | Rec This

The supposed "customer testimonials" haven't been updated since my original pitch was made. Same ugly boobs making the same stupid claims about their ugly and unprofessional Web sites. My original call still holds true as this company sinks like a rock. I'm short shares of it in my real portfolio and have no intention of covering them any time soon.

Report this Post Reply

Featured Broker Partners

Sponsored Links