Invest in Self commented on a stock · Jun 20, 2021 19:20

IDN - Small-Cap Cybersecurity Stock with Growth Opportunity

My Due-Diligence on Intellicheck:

- A cybersecurity company in the physical identity verification space with a very low market cap, with much growth possibility ahead

- Customers include US government and large companies such as banks

- US vaccination and economy recovery are beneficial to Intelicheck's per-user/per-scan charging model; the more people go out the better

- In the last earning call, they mentioned they will further grow by hiring sales people or related roles

- After changing the CEO around 2018, the company outlook became much better

Stock-wise:

- A small-cap growth stock that is less hot than mainstream stock. A goodie yet to be discovered. Get onboard earlier than others do.

- It is currently seriously beaten-down (from 15 USD to 7 USD) due to the sentiment again growth stock along with its less satisfactory quarterly earning report, but long-term outlook remains.

- The currently price around USD 7-8 has been consolidating for quite some time, and it seems that it doesn't want to fall further, now that an analyst raised it's target price to 12 at the time of writing. The stock offering last year was also around the price range of 7-8.

- Blackrock, The Vanguard Group keep on adding. Individual (President) also recently added around 7.3 USD.

- It may one day catch up with the dot-com bubble price it had 20 years ago. Who knows?

- In addition, I saw moomoo recently sponsored an ex-JP Morgan YouTuber who also endorsed this stock in several videos. I can see from one video that he started to buy at a much higher price a few months ago