| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 2/16/2006
Posts: 10
|
ANYBODY WATCHING IIP TODAY?, ANY IDEA WHAT THAT DROP AROUND 1PM WAS? COVERING SHORTS MAYBE?
|
|
Registered User
Joined: 10/24/2005
Posts: 101
|
devoibew,
Short covering would more likely cause stock to go up, not down.
|
|
Registered User
Joined: 2/16/2006
Posts: 10
|
THANKS, I'M NEW TO THIS SO PLEASE FORGIVE MY IGNORANCE. I'VE BEEN DOING PRETTY WELL WITH IIP AND AM HOPING ITS NOT CHANGING ITS CHARACTER
|
|
Registered User
Joined: 12/31/2004
Posts: 382
|
Lots of day traders in this stocks.I was watching it but I miss the big pull back.would have bought some but was looking at other stock at time.thats my take on this one
|
|
Registered User
Joined: 2/16/2006
Posts: 10
|
THANKS, I MISSED IT ALSO, I WAS EATING LUNCH. I ADDED TO MY POSITION AT $1.20. STOCK STILL LOOKS PRETTY GOOD.
|
|
Registered User
Joined: 12/31/2004
Posts: 382
|
I own some of IIP .I see its at the 50 moving avg.I;m hope it will bounce of the 50 moving avg.But the volume is real big now . I do think it well move down more.Usely I would sell a stock went it hit 7% loss but for some reason I kept this stock.I will have too stop breaking my rules
|
|
Registered User
Joined: 2/16/2006
Posts: 10
|
I FEEL YOUR PAIN, DID THE SAME EXACT THING. I HAD BEEN DOING SO WELL WITH IT IN THE PAST. I GUESS THATS ONE OF THE RULES ALSO, " DONT FALL IN LOVE WITH A STOCK".
|
|
Registered User
Joined: 12/31/2004
Posts: 382
|
I still have another 1000 shares too buy of IPP.I will wait if it well go down below the 50 day avg then I well buy another 1000 shares if IIP still have some life.the charts still looks good on the 2 to 7days. It this donot look good on the frist day.IN its going sideways too which does gives me some hope .
|
|
Registered User
Joined: 12/31/2004
Posts: 382
|
This stock IIP is on a move up for a while .I been long on this stock for a while.I should have bought some more but it never reach my point but this stock does move down and back u and down and back up...Any one else still have this stock????? MS looks real good TSV does not look good at all .I have TSV atv38 but my TSV 64 does look ok.looking at the charts I do think TSV 64 one that follower this stock better.This stock does bounce around.Could make money on the bounces maybe lol.Any thoughts on this one
|
|
Registered User
Joined: 12/31/2004
Posts: 382
|
I,not too good on catching a falling stock But love too here on any thoughts on IIP......
|
|
Registered User
Joined: 10/7/2004
Posts: 18
|
IPP is bottomed out should resume advance from here
|
|
Registered User
Joined: 10/7/2004
Posts: 2,181
|
IIP is just in a light volume pullback (catching its breath). This looks like a classic place to get in. If you don't mind risk, buy as close to the 20 day lower bollinger band as you can. If you like less risk, put in a buy stop order for a penny over yesterday's high, or even safer, just over the 50 day simple moving average.
|
|
Registered User
Joined: 10/7/2004
Posts: 18
|
IIP announced a 1 for 10 stock split. I consider this to be bearish.I sold into what I thought was shorts who
bought on Friday.Check the high.
|
|
Registered User
Joined: 5/17/2005
Posts: 221
|
rem ..I am with you on IIP. I think that the reverse stock split is a play to get it on the NASDAQ (has to be $4 to be listed). Could be good in the long term , but would only day trade it now. (it nearly always gives 3-5% a day trading on the 15 min chart ). This one is ceasing trading on July 10th for the stock split.
|
|
|
Guest-1 |