Well I think we can now state that my stealth accumulation theory is debunked. IPT was down another 10 cents today on pretty thin volume of about 100K. If there was a motivated buyer out there, I would think they would have jumped all over the cheap stock on the offer while the sector is so weak. Anyway, the story for IPT remains extremely bullish and I do not lose any sleep at night with it as my 2nd largest holding in my PF. The stock should be able to surpass the $2 level with conviction later this month when the latest crowd of lemmings has finished selling their holdings and moving the to the sidelines. PM investors are a weird bunch...
cheers!
mike