IPT suffered an unusual sell down in the last couple of days. One large holder by the looks of it... took the trading range down from 1.5/1.6 cents to 1.3/1.4 in basically one hit. I mention it for a couple or reasons. 1#... I put it forward as a tip last week (I can not see any reason for the selling) 2#... I am wondering if some people are hitting brickwalls. Rightly or wrongly, I associate that sort of dumping with forced selling i.e. the sort of thing that happens in a seriously falling market.
Currently the fundamentals (omens?) are negative wherever you look.
On a brighter note. This is an oldie but a genuine classic. Always happy to hear it when it plays.
