IPI A BUY - Allstocks.com's Bulletin Board

IPI A BUY

Author	Topic: IPI A BUY
osubucks30 unregistered	posted March 19, 2004 20:54 Island Pacific is a great buy at this price. At .91 it has lost over .40 in the past 8 trading days. It was at over $2 before their last quarterly report. Reported a loss of .01 a share. Island Pacific expects to report fourth quarter revenue, for the period ending March 31, 2004, of $7 million to $8 million, and to generate net income of $0.02 to $0.03 per diluted share. It will be back over the $1 mark in no time. If they meet their guidance it will be back over $2 by April. Try buying at between .9 and .95. Should be able to get a quick %10 - %20 gain over the next couple of weeks! IP: Logged
usmcir0nfist Member	posted March 20, 2004 10:06 It has weak resistance all the way up to the 1.10 mark and very strong resistance at the 1.40 price. I would wait and see what happens on at least monday, there isn't enough support yet IMSO (in my stupid opinion). IP: Logged

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