The question to be discussed today on this blog post, and please feel free to comment with your opinion on this matter, is if Ironclad Encryption Corp. $IRNC IRNC stock is currently undervalued. Undervalued stock picks can be found out here from the names and attributes of the companies mentioned, though I must caution readers that I can only present information and an opinion that is not investment advice. I do not know more than the average investor.
For me, I like to see that shares of IRNC are up today by more than 20%. I would wait for a 5% pullback before considering adding shares though, and with the recent patent news I would also like to see the company come out with a series of products with immediate revenues. That is difficult to do, but if this data storage encryption company can do so, it could ignite share price growth.
Based on this, I believe the stock could potentially move higher. What do you all think? I think if revenue grows now that Ironclad Encryption Corp. has secured these patents, that the entry point today could prove to make this an undervalued stock. As always, time will tell the true story. Full disclosure I do not own any shares of IRNC.
Read more on this blog to find undervalued stock picks and learn about Blocksafe Technologies.
Click the following to become an ambassador for Blocksafe Technologies
Join the Blocksafe Technologies Team (Please Fill Out This Form)
As soon as the Blocksafe Technologies Ambassador program fully launches 100%, I will post it on this blog and let you all know about it.
No comments:
Post a Comment