as i watch another highly touted stock (by motley fool) get hammered after hours today.motley fool has been pushing both ipgp and mako as i have read many bullish articles on both as of late but it looks like the slow down in the economy has taken its toll on mako and cant help but wonder if ipgp might have the same fate,both i feel have the products of the future but it might be just bad timing,then again maybe a good time to add more,next earnings date for ipgp i believe is the 31st of july
Technical indicators point to a short, looking to short IPGP. I hope i'm not too late to the party, this is an amazing candidate for a quick short. As you can tell the stock is way over bought right now and will drop in the near future. Anyone who is looking to make a quick yet solid profit should keep their eyes on this sucker!