Really torn on this, no debt, good cash, profitable, large...

Really torn on this, no debt, good cash, profitable, large stable of customers, sticky product, historically lumpy revenue with corresponding drops in SP before rebounding on next strong(-er) results...

...vs. lack of insider/institution ownership, lack of market support, analyst downgrades, turn-over of executives...

As Mr-Chow says above, retail vs. institution/insiders usually has only one winner, and i have caught a few falling knives by thinking "surely now this is a good entry", but overlooking the importance of lack of insider confidence. Although these have tended to be spec and not established like IRI.

At some point though, this has to drop far enough that even a low growth near-future provides upside, just hard to figure what that fair price is. 

Still remember some poor sod on a thread here a few months ago being made up they got a chance to buy back in at $3.15 or thereabouts, thought it was the steal of the decade!