Definitely worth repeating: (since I'm on a roll figuring out how to use this box).
FO, First of all, let me say thank you on behalf of the numerous lurkers
like myself who appreciate the efforts of individuals like yourself, Lew
Green, et al, who contribute valid information to this thread.
IMO it is a big mistake to give the likes of Charters the time of day by
responding to his/their idiotic posts. The people who feel that they
must "defend the faith" only pour fuel on the fire as this thread
becomes cluttered with non-productive garbage. Anyone with half a
brain sees right through "the agenda". The fortunes of IPM do not rest
with what is espoused by ECharters or any other bear/bull who
participates in this forum. It rests with what these reports will say AND
what the institutions do once they decipher the information. The
market is a supply/demand equation. If we get what we think that we
will get from these reports, the stock will hand the various short
consortium a lesson they will never forget.
Yes it is unfortunate that a few investors might start believing the
misinformation campaign and they sell their shares. But IMO it is even
more counterproductive to have to weed through this endless drivel
night after night as everyone tries to have the proverbial last word. But
anyone who bases an investment decision on what they read on SI, or
any other internet forum, needs to learn the valuable lesson that they
incur. So lets all sit back and relax and let the people who have the
most to lose (IPM management) get it right.
Now on the trading front, KEYZ, FAHN, NITE, SOBE, all took turns working
the stock lower today. They smell the blood in the water via monitoring
forums such as SI to gauge the sentiments of the small investor. They
send their henchmen into these venues to sew discord. They know that
they cannot shake Cap Guardians tree, but they know that they can get
the little guy. As they feel their way to see if there is any underlying
support via institutional investor, they can start hitting bids and taking
turns on the offer. If Cap Guardian or Midas or whomever is not around,
(unfortunately they are not right now) they get more aggressive
knowing that we are at key levels due to margin calls. Thats what
happened today. The stock dropped on light volume as no one is willing
to step to the plate once bids are attacked. At some point the
institutions should step in to protect their investment. I'm sure they
monitor whats going on "in the box". All we need is somebody to stand
in the gap.
How much lower can they take it? It all depends on where the shorts
"park" to pick up shares OR a fund steps to the plate. This is what
happened when the stock ran from 4 1/2 to 6 1/2 as there was a real
buyer in the market AND you had a mini short scramble to cover. The
only problem was the buyer went away, more delays in the report, and
the cycle starts all over again. This is the way the "racket" known as the
Nasdaq stock market is played. Especially when you have a story stock
like IPM. Unfortunately for IPM this all came on the heals of the
BRE-X/Delgratia debacle. As we all know in life, timing is everything.
For us IPM shareholders time has not been our ally, but we all no good
things come to those who wait. Good luck to all. Especially shortie!!
Robert
Thanks Robert Knight
mjglasslong11centTIPNF |
