SDV 0.84% 59.0¢ scidev ltd

over a million at 20 cents, page-12

  1. 547 Posts.

    Having watched INL for nearly 12 months now, all I can say is it is following the normal pattern... it's not that the buyers have gone away, it is just that they are being smart IMO.... If you wanted to buy a truckload of shares, and knew how INL tended to fluctuate (and the fact that the smallest hesitation seems to spook people into selling), wouldn't you stop buying too, and let the sellers panic and let the price fall again so you could buy more at the lower price once more?? Maybe it isn't people building a position, maybe it is people simply trading on 1 or two cent gains with a large number for leverage, who knows! But as I always say patience is required with INL.. daily fluctuations are somewhat meaningless, except to those who are trading them, who probably love it!

    Tony.
 
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