When you`re 5/64ths from the ultimate bottom, odds are it`s a buy low scenario...especially when management is projecting increased revs year over year on top of a new product line with customers to be announced over the next 10 weeks...
IF they perform, a nickle, dime or quarter probably all will be good price points. IF they hit some significant deals in markets that they maintain offer better growth than IFE, this will rise significantly higher.
In the company`s latest communication they stated this:
“We believe many of the markets within these industries are larger and have the potential to be more lucrative than the IFE industry,...``