New here
Invested today in this stock. PE is 1. New CEO from PCMall. Earning report already posted for July 28th (8 oclock Tuesday morning). Large short positioin has driven this stock down.
I am thinking that the new CEO will do what he does best and turn this into an internet stock. IAR already has an internet yellow pages going, and if memory serves me right already has a cell phone on line directory service in the works.
There is a lot of debt, but at least that is better than having extra cash tied up in other peoples funds that you cannot access due the debt mess. In this environment would almost rather owe money than have it owed to me and cannot collect.
pdb