A guy in CIS wrote this post and I liked it so much, I brought it over here. C L
______________________________________________________
<Who is doing all the selling>
Keep in mind, u don't have to own IPM to sell it. The shorts jumped all over it this morning. They tried getting a foothold in on it at between 11 1/2 - 12 on Thursday and they got pushed into a short squeeze which explains the runup to 14 1/2. They really sank their teeth in this morning and sold bigtime which in turn caused the little guy to panic which in turn became a selling frenzy that fed on itself.
I've done a ton of research on IPM in only 3 days. I was on a huge learning curve compared to the rest of this forum. I more than caught up. I am absolutely stunned at what is going to transpire in the next few months. This was an exhaustive fact-finding mission that led me to Arizona then to Canada then back to Arizona and I even made some discoveries by making some select calls to some certain individuals in Texas. I spent roughly 18 hours of my time getting to the bottom of this story. I've got a huge phone bill and a burnt out fax machinge to prove it. There is a heck of lot more to the story then what you will find here in this forum but you gotta go snoopin' with a vengeance. I did and for one reason only, if the numbers that were being hyped in this forum had a strain of reality to them, I wanted to know because of the obvious wealth potential.
The IPM story is just beginning to unfold. People call this a crapshoot. Well, what if u knew how the dice were going to land before u placed your bet? 18 hours of my time was well worth the effort in assertaining this info and learning how the dice were going to fall. I've placed my substantial bet accordingly on the close this evening. Believe it or not Kevin, I actually feel a little giddy at getting IPM at this price.
Holders of IPM who withstood the selling frenzy today are going to be rewarded hansomly, in my carefully calculated opinion, for their patience and loyalty to the company. At this time, there are many traders in this stock. They like the play - in at some predetermined low and out at some predetermined high Personally, I don't like to pay tolls in and out of a stock in which i have comple and utter conviction.
These other "players", IMHO, like the stock but don't have the conviction for the long haul. Someone said it best, the instituions will run with most of the profit on this stock. It's already happening. I wonder how many little guys were slammed dunked today by the whipsaw activity. Their 5% threshold was probably violated and ran for cover because all their newsletters state that this is the prudent thing to do. Witness quiet accumulation at this point by the insitututions. By the way, there is more than one institution buying IPM. There will be even more wild swings to shake out the weak of heart and tiny
two bit players, but each time an upward momentum will ensue. Don't underestimate the cunningness of institutions. They know what they're doing.
Granted right now IPM appears to be highly speculative. But as the weeks progress you are going to find that this speculation will be peeled away layer by layer. Very soon, enough layers will be pulled away that opportunity in this stock will be as plain as the nose on your face. The problem is, the stock will be priced accordingly at that precise time. In other words, it will be too late.
To those that got in at 14, and are holding on for dear life, be of good cheer! You will see real soon just how dirt cheap 14 was. Rest easy! Enjoy the weekend! |
