IPII has become a daytrader's stock, but I'm sure the catalyst behind this 2 day rally has been tropical storms Cindy and Dennis, with the latter expected to become a hurricane soon. The irony is that IPII suffered last year due to the hurricanes, because it disrupts normal construction activity which is their main source of revenue. A lot of investors see it the other way.
I still have a significant position, but sold a few shares this morning. Momentum could take this stock a lot higher, especially if Dennis becomes a hurricane.
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