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researcher59

07/06/05 1:39 PM

#15473 RE: Bobwins #15468

Bobwins: IPII

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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bbotcs

07/06/05 3:02 PM

#15484 RE: Bobwins #15468

Bobwins: IPII

Reading your post made me realize that I have hedged my bet on CPE. Hurricanes and tropical storms--no problem. IPII will bounce. Calm weather, no problem, CPE doesn't seem so risky.

I am not following the current storm. The last 2 up the Gulf were minor ones, thank heavens. (I am talking from the perspective of a CPE investor!)

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