This stock is cyclical and we are caught in a bad part of the cycle right now, compacted by a bad part of a global cycle. Sentiment towards IOH probably can't change significantly until global markets are looking up.
It's probably a good thing that we wait a month or two for news, as this gives the overall market time to reverse it's trend.
I've purchased more IOH today at $1.24/$1.25 as I see this level not only as a cheap price based on our resources but a historical low which might offer a rebound point for the stock.
It's easy to lose faith at times like these but once the big picture unfolds here, it's the buyers from these low levels that will make a killing IMHO.
IOH Price at posting:
$1.25 Sentiment: Hold Disclosure: Held