No. of Recommendations: 0


Right now I got into IIP. Current price is .68.

http://stockcharts.com/def/servlet/SC.web?c=IIP,uu[w,a]daclyyay[dd][pb20!b100][vc60][iUb14!La12,26,9]&pref=G

If you draw an imaginary line at this price and the last several months it's had good support and resistance at this price. Right now the 20MA and 100 MA are .69 and .71.

There has been very low volume recently though and earnings come out Feb 24th so it's a bit of a gamble. Could go down, could go up. I'm playing it up for now.

It already double bottomed at .50 so I don't think it will go that low but I think .60 is a definate possibility.

Rev/share is .55
Book Value/share is .37
cash/share .17
http://finance.yahoo.com/q/ks?s=IIP


so at least I won't get screwed like i did with eag.

rruyy
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