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Thursday, 07/07/2005 2:41:05 PM

Thursday, July 07, 2005 2:41:05 PM

Post# of 173869
Sold half of CPE and half of IPII on hurricane worries. Plan to buy both back at lower prices. Risk is that if hurricane doesn't damage IPII's centers but does do some Florida damage, the stock could rock with that low float. Don't wanna risk it.

Why CPE hasn't sold off is beyond me. The news people are saying that offshore platforms are shutting down. Haven't been following the storm too closely, so maybe the projected path is away from CPE's projects. Will know in a few days.

If last years storms pushed down IPII and CPE temporarily, why wouldn't it happen this time around?

Hope Dennis stays away from wherever JMIH is setting up shop on the West Coast of Florida.

This hurricane stuff creates an exciting edge if you are in Florida stocks. And the fun is just beginning. At least with half of my IPII gone (at a nice profit--thanks), I won't have to sweat bullets when the first big storm goes up the Atlantic.

Batten down the hatches fellow CPE-IPII-JMIH investors.


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