Still Bag Holding IPIX

[danman3459]

Hey Guys,

I have obviously messed up in holding IPIX for the last month, but I can't help but think that it will turn around hard on terrorism news.  What do you guys think?  Do you think it has at least reached a bottom here?

I am knida scared.  I am looking at huge losses on this one.

Thanks for your help.

[KCScott]

I do a lot of work in the CCTV field - I'm a Security consultant and work with National Retail chains on shrink management, asset protection and Facility Security.

I only mention this beacuse, unfortunetly IPIX is not a great play in the Security Field. The most popular application I have seen for their systems is the "Virtual Home tour" used by realtors on their web sites.

That said, their financials are not too horrible, and the RSI shows the stock extremley oversold.
You didn't say what your cost basis is for the stock, but it may run back up to $3+ range if there is another terrorist attack that sparks buying accross the entire video segment.

If you are interested in a very strong play in the CCTV segment, I'm invested in SWAT: http://shiftwatch.com/

- It's a fairly new company with a very low float and large insider ownership and most importantly, a very good product with application for protecting subways, trains, buses, etc. - My belief is they will be announcing some substantial contracts in the very near future.

[danman3459]

Thanks a lot!

Yea ... I am in at 3.73.  ::bits lip::

O well ... I guess everybody gets a big loss sometimes.

[tommyt]

Hold on - News out after hours on some deal with NYC subway system. Moved up 8.1%