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Message: Re: quiet uptrend continues - stealth bid?

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

2
Nov 22, 2007 10:15AM
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