OTCQB:IMPHF - Post by User
Post by
ContraryTraderon Oct 07, 2021 7:32pm
305 Views
Post# 33986823
IHC is a buy
IHC is a buyForget the negative comments today, must have missed something in the podcasts and prospectus. Sure it was annoying to see the stock get a spank today.
IPO shares unlocked and those people sold all or a portion and there was not enough buyers to cover. Heck, my position at 0.30 dropped by 50%, so I bought more at .16 this is a deal - thank you to the sellers on behalf of my family.
Look at the size of buyers at 0.16. 12 months from now, this will be old old old news. Penny land stocks are volatile and will swing, if you don't have the stomach for the ride, then you really should not be in this type of play.
Know what you own and don't panic on these dips, it is par for the course. The report was an appraisal of the 2 wells, not of the property and frankly it is good news. They are moving at a rapid pace and will be one of the first to be production ready next year.
If you are looking to penny flip this one, this is not that type of play in the short term.
All the best.
buying when no one else is looking.