Tracking

Tuesday 15 March 2011

Iofina (IOF) Iodine producers


With the global meltdown of the markets since the terrible events in Japan, there is growing interest in Iofina, explorers and producers of iodine and natural gas. In the event of increasing nuclear fallout threat the demand for iodine will increase and so too will the importance of this company. I bought 5000 shares at 22p today and I would like to see the sp move north over the coming days.
This is shaping up to be as bad a crisis financially as the Lehmann Bros induced crisis of 2008 and today I have seen many of my shares move further and further into the red as people become more and more risk averse. If you have cash at the moment it would be a good time to pick up some cheap shares for when the market recovers.

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