Not only do I like this company, I am further attracted by the recent gas discoveries which will turn into cashflow in 2009, and quite reasonable cashflow at that.
However, the problem for IPM is that their sh'ers have got mixed in with several different margin lenders and this is killing the price.
I am upping my stake as well. I like the dividend flow coming out of this one, but it will be a while before it recovers.
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