IPS up $10 in one day

IPSCo (a finance wonk portfolio stock) is up more than ten dollars this morning after one of its competitors was bought out for $2.1 billion. A quick review of the buy analysis on this stock, however, indicates the stock is still priced cheaply.

So I'm staying put and holding it. Just thought I would give an update for those who hold the portfolio and might be wondering whether to try to cash in.