I got into think of Hurricane plays again today. Is IPII a dead play going into mid summer now? At $11.50 now, volume dead as usual, don't know if its a hidden gem anymore. But if Hurricane's come up in the news, should this bounce like the last two years? The other Hurricane play I think talked about which is HSOA. I REALLY like that now at $5.82. I think it's good for another quarter bounce to $6, maybe higher...
I got back in IPII yesterday at 11.25. Stop placed at 10.42, just below 7/5 low. Be careful with HSOA - The lemon head seems to have them in his sites: http://www.citronresearch.com/index.php/2007/06/05/
If it drops below $5, I'm definitely going in. It will snap back on a short squeeze rally sooner or later. Think over 30% is shorted.
You know Pump it's so damn hot I heard a guy on TV talking about a period in the 1930's when a heatwave swept the nation it turned out to be one of the worst hurricane seasons. I bet we get a swirl or two on the scope as early as next weekend. ~ stoney
thats what I'm saying, I bought this at 14 and its like now at 11 something. The hurricane report was a good one in march but now in middle of july there is jack sh*t.
Although Hurricane Season officially begins June 1, in actuality the season usually begins to ramp up starting in August and peaks in September. Link to graphic: http://www.accuweather.com/hurricane/facts.asp?fact=season_atlantic
Nice graphz ... Yall want this hurricane play started right? Yall want this hurricane play started quickly......... right ? cc music factory is on it