IASCA Fighting Back
After hitting a 3-day high of $.24 on 9/16, the day of our introductory profile, IAS Energy, Inc. (OTCBB: IASCA) gave back $.805 by the time it hit its low of the day today.The stock subsequently bounced off its daily bottom and fought back in late trading to close green at $.18 for a 22% increase on 51,800 shares traded.
If the company can begin substantially monetizing both its oil & gas portfolio and Asian-centric social networking website www.video1314.com, IASC will surely become one of our favorites for '08 and beyond.
With management stating this summer that its 60% owned subsidiary - www.video1314.com - is on track to become one of the biggest destination sites in Asia, we'll be watching closely here for the cash to begin flowing.
Labels: IASC Energy Inc., OTCBB: IASCA
posted by "Staff" at
7:41 PM
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