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IPII - Hurricane play started?
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I got into think of Hurricane plays again today.
Is IPII a dead play going into mid summer now? At $11.50 now, volume dead as usual, don't know if its a hidden gem anymore. But if Hurricane's come up in the news, should this bounce like the last two years?
The other Hurricane play I think talked about which is HSOA. I REALLY like that now at $5.82. I think it's good for another quarter bounce to $6, maybe higher...
Is IPII a dead play going into mid summer now? At $11.50 now, volume dead as usual, don't know if its a hidden gem anymore. But if Hurricane's come up in the news, should this bounce like the last two years?
The other Hurricane play I think talked about which is HSOA. I REALLY like that now at $5.82. I think it's good for another quarter bounce to $6, maybe higher...
I got back in IPII yesterday at 11.25. Stop placed at 10.42, just below 7/5 low.
Be careful with HSOA - The lemon head seems to have them in his sites:
http://www.citronresearch.com/index.php/2007/06/05/
Be careful with HSOA - The lemon head seems to have them in his sites:
http://www.citronresearch.com/index.php/2007/06/05/
Agreed HSOA is a trap~ stoney
You know Pump it's so damn hot I heard a guy on TV talking about a period in the 1930's when a heatwave swept the nation it turned out to be one of the worst hurricane seasons. I bet we get a swirl or two on the scope as early as next weekend. ~ stoney
Although Hurricane Season officially begins June 1, in actuality the season usually begins to ramp up starting in August and peaks in September.
Link to graphic:
http://www.accuweather.com/hurricane/facts.asp?fact=season_atlantic
Link to graphic:
http://www.accuweather.com/hurricane/facts.asp?fact=season_atlantic