iBill Stock Movin Up
 

It will be interesting to see how the 19 year old Ukranian newb armchair financial analysts who didnt get their $19.00 checks, works this into their theory of iBill's demise.

:1orglaugh

It' s too early to say if Ibill stocks are ok or not....but you could try to invest something........if you like the risk :Graucho

http://finance.yahoo.com/q?s=ICPT&d=...m&l=on&z=m&q=l


moving up?

I am still a firm believer in shorting the stock b/c it is going to crash within a year to 0 :>
ZoiNk

this is based on guidance from the company itself. nothing really solid at this point.

yeah that is what I was thinking....

I hope they fire and hire some new people and turn their shit around....

I speculated in the stock cause I like it long term. People predicting it's demise are missing a couple of key points:

1. IBill is practically alone in allowing adult tangible goods. Got dvds or VHS? Guess what, they have a near monopoly. CCBill, Globill, etc. will just say "huh" if you ask them about a shopping cart. And that stuff is low chargeback (cause it has a real shipping address). The only real alternative is PayPal. Now that Ibill accepts foreign shipping orders, they have a lock on that market.

2. The overwhelming majority of Ibll customers never missed a check and are happy. They ain't going anywhere.

Sure, they fucked up the Visa thing something awful. Failing to match the CCBill deal on the $750 was just plain stupid. But some new management and directiion should fix those guys up.

I would stay tuned on IBill. They could go either way, depending on if the new management has a brain. The $750 fee is so small compared to what they take, its just plain stupid not to credit it like CCBill.