RedHotStocks

BULLISH LOOK FOR CONTINUATION IN IDT CORP

NYSE:IDT   IDT Corporation
LOOK OUT FOR A SUSTAINED BREAK ABOVE $11 WHERE CONTINUATION WOULD BE EXPECTED TO $12.30 MINIMUM.
THE LONG TERM HOLDERS HAVE GOT SOME RELIEF FROM THEY DREADFUL DROP FROM EARLY 2018, SELLERS DO AWAIT ABOVE $12 GLAD TO GET OUT WITHOUT HUGE DAMAGE.


COMPANY PROFILE
IDT Corp. is a multinational holding company, which engages in the distribution and market of communications and payment services. It operates through the Telecom and Payment Services, and net2phone-UCaaS segments. The Telecom and Payment Services segment markets and distributes multiple communications and payment services. The net2phone-UCaaS segment comprises cloud-based PBX services offered to enterprise customers mainly through value-added resellers, service providers, telecom agents and managed service providers; SIP trunking, which supports inbound and outbound domestic and international calling from an IP PBX; and cable telephony. The company was founded by Howard S. Jonas in August 1990 and is headquartered in Newark, NJ.

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