Take a look at this chart. As of January, almost a straight 45 degree up to the right, green even on red days. What do you think of jumping on board this trend. 1-2% increase per day! http://chart.finance.yahoo.com/z?s=ITP.TO&t=6m&q=&l=&z=l&a=v&p=s&lang=en-CA®ion=CA
It's not a penny stock. It's on the Tsx. It's been a $3.50 stock in 2010. What exactly do you mean it's in play?
No trend in December, like many other stocks. I jumped on board this trend yesterday with 5000 shares at the open @ $6.49. My initial plan was to daytrade, buy at open sell at 1-2% gain. However, she closed Friday at $6.41 and opened 8 cents higher after the weekend so now I'm not so sure of the daytrade. Analysts say it's a $7.78-$9.00 stock. I may just monitor movements ane take profits there. My obvious fear is a huge gap down one morning.
WOW! Record Volume today, over 2 million shares so far. Anyone know what this means. Everyone always says look for Volume Volume Volume. I never understood this. What does the big spike in volume spike in this stock today mean? I bought 5000 shares at $6.49, Anyone? (gorgeous trending chart on this one)