OTCPK:ICPVF - Post by User
Post by
Squash11on Dec 19, 2017 6:47pm
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Post# 27191523
the internet BS.
the internet BS.Like everyone else, I have read with horror many crazy things on the internet which are plain false. The Google finanace article which flatly states that IPL pays out 124% of income is a case in point.
Some months back I read similarily outlandish clains about WPM which made me want to sell. A chat with their nice IR guy made it plain that people set on shorting will say anything and do say anything to further their ends. Today, a chat with IR of IPL dispelled my unfounded concerns.
This company has a long history and a solid institutional following. Would these pros be buyers if there was any truth to the claims? No.
One of my great regrets was selling this company at about $15 back in 2014 and then looosing obscene amounts on commodity stocks during the ensuing carage. I won't make that mistake again. This and ALA will remain large in my portfolio.
Comments welcome