Inpinj.com About Us
Item Intelligence for the Internet of Things
If you’ve purchased apparel from a major retailer like Macy’s or Zara, run a race like the New York City Marathon, enjoyed a drink from a Coca-Cola Freestyle soda fountain, or checked bags at airports worldwide like Las Vegas McCarran then you’ve probably interacted with Impinj. Our platform enables wireless connectivity to billions of everyday items such as apparel, race bibs, golf balls, and luggage and delivers each item’s unique identity, location, and authenticity to business and consumer applications.
Impinj (NASDAQ: PI) is a leading provider of RAIN RFID solutions. Our platform, comprising both hardware and software, uses RAIN RFID to wirelessly connect everyday items to the internet, delivering digital life to the physical world. Impinj is helping companies around the world increase sales, improve efficiencies, and deliver compelling experiences.
2019-11-10
This trade idea came to me from my weekend stocks review. This was featured in Investor's Business Daily's Stocks on the Move on Tuesday 11/05. I had liked the long term chart and I bought the following day
I bought 100 shares and got filled at $34.69
Stop Loss -5% at $32.96
Upside Target +15% at $32.96
IBD Rankings 11/08/19
Composite Rating: 91
EPS Rating: 76
RS Rating: 96
Group RS Rating: A+
SMR Rating: D Warning
Acc/Dis Rating: C - I'm early
ROE: 0%
Debt: 18%
Outstanding Shares: 22.1m
Float: 15.9m
Management owns 21.15%
EPS Due Date: 01/24/20
From TD Ameritrade Quote Summary 11/04/19
P/E Ratio: --- Warning
Ex-dividend date: 02/20/20
Zack's has this as a Buy: PI
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
2019-11-18
I closed out my position this morning, because the momentum reversed and I got out with a small loss. I feel the timing was too early and this will still be on my watch list. I got filled at $33.79
$34.69 - $34.79 = -$.90 / $34.69 = -2.5%