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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (9015)7/7/2005 11:00:28 AM
From: Jibacoa  Read Replies (3) | Respond to of 23958
 
IPIX Had a good upgap today after the news in London. It already had an upgap on Friday which it had partially closed.Today's still remains open.(I will try to get an appointment with Ken.<g>)

The stock traded earlier above its June Hs but did not reach its Apr.6 H of 3.74

Some insiders had purchased some shares in May (Clara 4Ks.) after they had sold about 248Ks in January and April, albeit most of those were by Sarah & Paula which are "former officers".<g>

The revenues have been improving compared to previous year,(but not sequentially <g>) and the loss has also been trimmed in similar fashion.

The company reportedly has around $0.40 in cash/shr and no significant LTD but still has a pretty good negative CF.<g>

The stock is up around 24%, which it isn't bad these days

bigcharts.marketwatch.com

And the longer term chart remains "interesting", although I doubt that the stock will trade again above the $200 level in the near future.<g>

bigcharts.marketwatch.com

I think I better keep it on my watch list, since it is still in my "buying range".<g>

Bernard