Hey mate,
By all means you have the rights and so do others to question over the details of next 12months. None of us really have a clue what's going to happen, but safe to say we are betting on management to deliver....hence speculative.
Have a look at Patrick Canions Twitter I've never seen senior management so engaged with the interests of their shareholders, very comforting to see regardless of his position of iPAC (which is a huge added bonus).
I don't think there is a net reduction of shares traded (more sellers than buyers)....for every share sold there is a share bought so the net remains the same, it's the price and pressure of selling that matters.
Yes there was heavy selling pressure from 4.5 -4.2 (brokers/pros selling here)
There was stops triggered/selling from 3.6 - 3.2 (retailers)
But the buying from 3.1-3.4 the recent days have been far stronger in accumulation. (Pros)
If you go through my posts it reflects these thoughts, I mentioned I free carried myself low 4's
Then made about 5-6posts which could be considered borderline ramping between 3.1-3.4 because I was certain there was clever accumulation going on here regardless of other posts saying it was weakness/selling. If you look at a few charts I've posted it'll explain my thoughts. And I was buying on 3days and now hold more IAM shares than ever lol....
Overall imo picture looks good until 4.2, then we can see what happens.
Just to clarify I agree with most of what you've said except the "selling from 4.5-3" i think it was only present on a professional level 4.5-4.2.
That being said I hope posters welcome your opposing opinion or anyone else as long as there is substance given like you have.
Once again IAM holders are betting essentially on management to deliver along with a great concept which if management brings to life (Sentry to kick things off) will force survival of the fittest.
Looking at all the successful techs RAP, SMN, EMC they all have concepts that want to become industry standard and create a "join us or die" attitude. RAP wanting to kill of stethoscopes for example.
Or you can have XPE, BRN which are complete futuristic concepts which give major valuations too. IAMs concept becomes the former "join us or die out".
Apologies for the ramblings went off tangent lol just my thoughts written out
Cheers
IAM Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
(20min delay)