OTCPK:ICPVF - Post by User
Comment by
RAWCOLTYon Mar 16, 2020 10:46am
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Post# 30812406
RE:RE:BUYING OPPORTUNITY
RE:RE:BUYING OPPORTUNITY Listen everybody, Just hold onto your shares at this point. IPL is not going Bankrupt and the Pipe in the ground is more than worth the current share price. No one is building pipe next to IPL to duplicate what they have. IPL is all intesive pruposes a Monolopy/Olagopoy, it's going nowhere.
Now for those who sell now... you could be foolish. As can be seen, stocks can swing very fast. If you sell now and sit for a recovery than you will probably never make back your losses because when the recovery does come, I can guarantee you that almost all of it will happen in a matter of anhour or minutes.
IPL will cut the dividend and suspend spending and maybe layoff people if this goes on longer than a month. When this craziness is all over then everything will go back to normal.
Just collect your dividend and focus on saving/making money in your home. All will washout in a bit of time.