RE:RE:Sold art and bought ip today Another with holdings in all three and not afraid to rebalance. Right now IP is a bargain so like the Smokeeater I rejigged what I have between ThreeD and IP. What I sold per share to buy IDK, then what I sold IDK at to buy IP back made a lot of sense to me...essentially buying back a quarter to a third more shares than what I sold...and I still hold a good position in all three. So overall better off and poised
But what a ride IP has been.
Found it this February and bought 10k at 9 cents, only to watch it fall, But I'd given them a window and I stuck to it. IP was essentially a new company having re invented itself around its patent acquisitions, which made up most of the book value of the company.
Accummulated big time at 5, 10 then 15 cents ...about 140k shares. Sold net about 90k (holding 49500as of eod today) at high juicy 30s to buy back some NTAR (at $7.20) , and add 20kThreeD, 15kArht and 12k HRH
IP gets a big huge thumbs up from me and my move to buy back almost 10k in shares today at .29 after selling them at .39 is going to pay off big time...realtive to IDK. Still hold 20k there as all the reasons to hold some there still exist.
Not predicting prices, but IP has solid commercial prospects and will continue to execute on its strategic plans for its various markets.
Flacker wrote: ART, IP and IDK are all poised to do very well. I've been holding them all for quite a while now, have skimmed some small profits here and there but this is the future and not holding all 3 you're missing out! Plus some days they all go up, some days only one goes up but so far since owning them I've never had a red day across the board!