Newsletter
| Promoter: | Penny Stock Money Train | Paying Party: | Alan Kau |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| IPRU | $15000 | 4147 |
| Max Profit: 9.09 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
Hello, Traders...and welcome new subscribers.
IPRU (Innovative Product Opportunities Inc.) has been moving in an upward fashion for 5 consecutive trading sessions.
And since the last three sessions were on decreasing volume, this suggests that traders could be accumulating and holding for higher prices, especially after the positive news after market on Friday.
It's possible that resistance could be light since share prices continued to move upward after witnessing the highest volume on Wednesday...more specifically, the highest in the past year... and continued to increase the following two days after Wednesday's big market day.
IPRU is a dynamic firm offering assistance in Product Development. More specifically, the Company works with Certified Engineering Technicians, designers, graphic artists, manufacturers, prototypers, retail chain sellers and buyers plus many others with pertinent expertise.
By teaming up with IPRU, a company's products could be launched and developed in automotive, aerospace, medical, consumer, office and any other area of specialty.
Plus, IPRU reports that it has design and engineering contacts involved in many notable projects, some of which are listed below. The company is also constantly developing new contacts which could improve their top and bottom line.
IPRU Showing an Upward Move with Solid Accumulation
IPRU Announces Discussions to Acquire Aerospace Company
After market on Friday, IPRU announced that it is in discussions to acquire a well-established aerospace company in Mississauga, Ontario.
Reportedly, the company plans to enter into a Letter of Intent (LOI) in the next few weeks as it works on an acceptable price and terms for the purchase.
The business has been operating since 1965 and has components on:
(1) NASA’s Canada Arm
(2) Lunar Rovers
(3) Space Shuttles
Doug Clark, CEO of Innovative Product Opportunities, said that the opportunity is a huge leap forward for IPRU into the exciting field of aerospace. In fact, Clark said that “The opportunities we anticipate are truly ... out of this world!"”
IPRU's Top 5 Highlights
#1. IPRU is in discussions to acquire a well established aerospace company
#2. IPRU is developing revolutionary new item for the Thirty-Nine Billion Dollar Back to School sales market
#3. IPRU is working with a number of potential clients/inventors
#4. IPRU can work with both private and public companies
#5. IPRU shares have been uptrending - even when volume has decreased - which could suggest light resistance
Development of Revolutionary New Item for Thirty-Nine Billion Back to School Sales Market
Earlier this year, IPRU announced that it is developing a new back to school product.
CEO Clark said that the product is for the Thirty-Nine billion dollar back to school market and that it is a great, new innovative product in which the company is at exciting stage of design process.
Clark also said that the intricacies of the product will catch customers’ eye as the company gets it perfect for its intended retailers such as :
(1) Staples
(2) Office Depot
(3) Office Max
(4) CVS
(5) Wal-Mart
(6) other back to school retailers
Working with a Number of Potential Clients and Inventors...and Seen on TV
IPRU said earlier this year that it is working with a number of potential clients/inventors.
In fact, the company said that it has narrowed its focus... and is committed to closing a deal with an inventor to design and manufacture products.
Clark said earlier this year that the company continues to make very significant advances in its endeavor to design and produce new products.
Clark also noted that one potential inventor was featured on Dragons Den, a TV show.
IPRU "Showing StableUp Move"
With what looks like a strong technical bounce back on solid volume, IPRU has been showing a stable move northbound over that past couple of weeks and is trading above its 9-Day Moving Average.
Last Wednesday IPRU saw the highest volume over the past year...and continued to move upwards on Thursday and Friday, walking the upper Bollinger band.
IPRU shares are trading around sixteen cents...and have a 52-week range of around eight-cents to seventy-one cents.
Now, shares have been gaining momentum as the company prepares to enter into a LOI to acquire a well established aerospace company. Hence, IPRU could gain further momentum if the company completes the acquisition in the next few weeks.
Overall, the company has announced their steady progress in the last few months, making IPRU a Company that could be worth keeping an eye on.
Keep watching IPRU trade and watch for potential continuation of its recent upward move.
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