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Microcap & Penny Stocks : IFTI - Ionics Fuel Technology

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To: Myron McCrensky who wrote (9)11/13/1997 11:31:00 AM
From: Markas  Read Replies (1) of 14
 
Hi Guys,
I've been following IFTI for about 2-3 months, back when it was $2.
It was a "tip" given to me by a large trader's son prior to some positive news releases. I didn't buy then, as I am always leary of"tips". All my research indicated that this was a buy at 2-2.5 but by that time it was over 3. I was "tipped" again that some good news might be coming so I dove in at 5 a week or so ago.
I'm very positive on the outlook for this co and their product. The most significant recent news IMO was the appointment of a former US oil co exec to the Board of Directors. This represents their entrance to the US/North American market. It could also be that they are looking for a buyer for IFTI not only new customers.
Now that I know someone is checking this thread, I'll post any news as I am made aware of it. My source has been right on so far.
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