IPII, stock_peeker, although i have no guesses as to the coming quaters earnings, the movement in the price, was due to a convergence of factors, IMHO.
IPII was approved to list their stock on the Naz Small Cap Market. right around this time, along with overly negative sentiment, markets/indices had a nice little rally after a prolonged weak price period. two weeks into the their incluision into the Naz Small Cap, IPII comes out with a great quarter, stock price trades much higher, gets press in Investors Daily and brings in the momentum crowd and the folks who love the tecnicals.
weather the stock price continues upward, longer term, i have no clue. i took advantage of the short term traders piling in and sold all shares at 20-21. in advance, i suggested other here do the same and move on to something else.
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