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Re: Threw-er-back post# 56101

Monday, 07/13/2009 7:42:25 PM

Monday, July 13, 2009 7:42:25 PM

Post# of 165875
I had that happen with Imperial Industries (IPII) back in 2004-2005. It is a pink sheet company that manufactures and distributes building materials. When the 4 hurricanes hit Florida in 2004, their business skyrocketted. The stock had a nice, steady upward climb, but it was still undervalued. They did a reverse split to get qualified for the NASDAQ Small Cap and changed their symbol to IPII. About two weeks after getting listed, the MMs came in and the stock took off, going from $7 to over $30 in just a couple months.

Hopefully that will happen again with Sarissa. To date, Imperial Industries remains my biggest winner. If SRSR does what we think it is going to, then it will far exceed my gains with IPII. Should be a fun ride.
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