Good morning!
Innovative Product Opportunities Inc. (IPRU) has a mouthful of a name but it boils down to next-generation lighting design that watches YOU.
Sounds like it’s beyond science fiction, I know! But IPRU is already commercializing its system in museums and hot spots alike!
And since Wall Street loves a good light show, it might not be too surprising that the IPRU chart has taken on a certain laser-like intensity:
When was the last time you saw a clear stairstep move like what IPRU delivered between September 16 and 22?
And then yesterday shows a LOT of progress being taken off the paper, but the trend still points up in a 2-digit direction!
Besides, it’s hard to argue with traders who want to take cash off the IPRU table after shares DOUBLED in the biggest volume spike on record here.
The last three days of action moved 4 TIMES as many IPRU shares as previously needed a three MONTHS to change hands!
If I know anything about math, that looks like a simple “volume confirmation” that the motion in IPRU’s ocean isn’t just a freak accident.
Either way, with so much market chatter around big lighting names like Veeco and Aixtron and Cree, it’s about time we got one down here!
IPRU’s lights are a little different. They track the crowd and performers, turning the air itself into a giant wireless control system. (Read more)
You can run exhibits on this stuff. You can run a really chic robot nightclub where the bar is automated. And now pop stars are jumping the cool factor!
Who has 50 million Facebook friends? Whoever just volunteered to try IPRU’s system, I think a LOT of kids are going to see the light!
But while the news flow here seems to have played into the IPRU price action surge lately, I’m pleased to report it’s a little more than raw hype.
IPRU has already started making money on its lights! Not a huge amount and not enough to drive “fundamentals,” but at least it’s 100% gross profit!
That tidbit right there takes IPRU out of the purely hypothetical “light for the future” group into a more realistic arena that ties the hype to ROI.
Maybe all these new light-crazed traders sniffing around IPRU headlines come from the hype and a few stay for the ROI?
Even with the shares giving up 85% of their recent advance yesterday, the chart seems to be pointing in that general direction!
And whatever happens in the long haul, IPRU is in play, surfing the wave and a hell of a lot cheaper than it was on Monday! Let’s trade!
See you soon!
Papa Roach
