Oh my dear... IBA is down again today to $1.34..
A bit scary really, as I'm overweight on this one..
Is the company really that bad? All this profit increases, contracts and everything?
At least there are three factors weighing down IBA's share price - this is just what a new investor like me can see at this moment:
First is the iSoft talk. Yes, it's the talk again. When the talk is announced, it pulled down 6% of IBA's share price to $1.52. Investors are a bit concern about the takeover talk, as UK's iSoft is a loss maker. Medias are still giving it a comforting report, but in the market, share price is going down.
Second, Tuesday sell off or minicrash whatever you call it. On that day, IBA went down of more than 6%. China connection is the trigger?
Last, iSoft Talk again? Decreasing nearly 5% today...
Now I'm trading at a loss. Is there still a future in this share?
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