The dust has now settled, and the situation is becoming clearer. Everyone that wanted out is out, everyone that was shaky is out, and everyone who was bullish panic-sold out. The sellers have left the building and big money has stepped to build a new floor on the stock price. Perfect time to buy, catch a little retracement and get out before the verdict is out whether or not the floor was set too low or too high. But do we really want out now that I’m in? Oh hell no! After extensive analysis these last few days, it was discovered that one of those 3 stocks is a gem. When analyzing IPI (Intrepid Potash Inc.), we accidently stumbled into those stock opportunities that just make you giggle. First off, we could only find ONE reason to sell IPI, and that was Uralkali released information (which is old information and definitely priced in). However, we found many reasons why IPI is a short, medium and long term opportunity. The charts are all bullish. The MACD, MFI, ROC, RSI, slow stochastic, fast stochastic, volume, and Vol+MA all indicated bullishness. As a conservative investor, who is wrong 1 out of 100 trades, charts alone aren’t a good enough reason for us to buy. You see, at Alphas Edge, there are stringent rules and guidelines that greatly improve the odds of making money, and we follow them. So we started to research with the goal of quantifying the future for Intrepid Potash and what we found pleased us. They have a few large scale projects that are expected to greatly increase production and at the same time reduce production cost. That smells like money to us. But don’t take our word for it, do you own research. […]