posted
So i got in on IPTM at around .17cents a while back. I was just wondering on what u thought. I have made my small change of 40% but wanted some more input on what you think. Let me know if i should keep or sell from your point of view.
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posted
Hey Asalvi Nice job, I have had this stock for a while myself. Honestly I am not certain over the long term. I think it will be interesting. The company's books should look significantly different now. Assets will be much higher, but so will liabilities.
I do know that this has been long anticipated news(friday news) that many people have been waiting for.
I do feel that we will see an exciting week, but nothing is guaranteed. For this reason, I have already managed to sell a good portion of my shares(at a double) to get back my initial investment. At this point I have my profit in this baby for the long term. I have been thinking about maybe trying to ride it up with stop orders set to sell half again. These may be a few ideas you may want to consider. Nice job again Derek
quote:Originally posted by asalvi: So i got in on IPTM at around .17cents a while back. I was just wondering on what u thought. I have made my small change of 40% but wanted some more input on what you think. Let me know if i should keep or sell from your point of view.
[This message has been edited by derek111c (edited January 20, 2004).]
[This message has been edited by derek111c (edited January 20, 2004).]
posted
I have not sold any of my shares as of yet, if we could get a few more good pr's out on this one soon we could go much higher, do not know how high.
I am will to ride it out a little longer before i sell any shares. Only time will tell, everyone has to make up their own mind when to sell, but as of now i will hold all my shares. I guess if it was so easy we would all be very rich.
posted
I did not think we would have this much of a pullback either. Would not think there would be much selling here with the pr they had out fri, but it does not take much for this stock to move. I think we will be back up soon, still looking for good things out of this stock. Will just have to wait and see.
posted
I have been usually a fundamental type investor. Attempting to invest in stocks that have not yet moved based on positive fundamentals.(friday news good fundamental news), but lately I have been studying technical analysis a bit more. I learned a lot of stuff from Investopedia.com. I have found two good charting sites. askresearch.com and stockcharts.com
I know the news for this company was on friday and we have reciently seen a bit of an upsetting pullback, but
One thing I have noticed with IPTM here is that over accumlation seems to have cooled down and the 50day expotentiaL moving average is almost ready to move above the 100day expotential moving average for the first time in over a year. This is supposed to be a very bullish sign. this could trigger a bit more upward momentum.
Another runup or two could possibly move both the 50 and the 100 above the 200 and create and extreamly bullish sign. this is a maybe. last time this happened IPTM went above .75 i don't know about this though just have to see 50dayEMA=.17 100dayEMA=.17 200day=.18
I have just reciently began studying some of this stuff but, thought this was interesting and worth pointing out. Goodluck to everyone long in IPTM
posted
Hey Lacy I don't know for sure, but we could. I do at least expect to see this one move above these levels. I think the only thing that has been holding this thing back lately is the spread(ask being much higher than the current price or bid) which appears to be narrowing. Basically shows they are not anxious to sell shares. They see good days ahead and don't want to share rewards.
quote:Originally posted by lacy: derek: I think we could see .75 soon, [AND] maybe could go higher, will just have to wait and see. I would be happy with .75.