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Tuesday, February 14, 2006

Nasdaq: IPAS A friend of mine (Smiley) likes this stock(and options.) After doing some due diligence, I would have to agree that the stock showed both relative strength from both a technical and fundamental standpoint. Technically speaking IPAS took a one day drop due to earnings, but bounced back the following day and hasn't really looked back since. Fundamentally speaking, the stock has reiterated guidance will be within the same if not better range then what they reported to Q4. On top of that, they're going thru a merger which was shareholder approved the results will be reflected in Q1 of 2006. Although nothing will happen any time soon in terms of M&A (mergers & acquisitions) you have to like its chances of being both an acquiree and acquiror.

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