I remember my first call of SPRT at 2.6usd, when it one in top 3 most shorted stocks.
In few months it skyrocketed to 59usd the dropped to 11.8 before the merger, GREE, which also went down 22% yesterday.
IRNT seems to have the same pump characteristics.
The fiscal results are modest. Annual Recurring Revenue of $24.1 million compared to $19.5 million at the end of the same quarter last year, for a company with a Market Cap of 2.713Bil.
Sure, there is still room to grow before the big selloff, but be aware of the pump and dump pattern.