Most likely retail and traders in anticipation that IMU will announce something BIG at the conference commencing tomorrow our time in the USA.
How likely would that be? Hard to tell, IMU actually could drop something but if previous presentations are a guide then hardly anything new should be expected. And if there is disappointment then we all know what the sp would be on Monday.
4c could be touched by Friday or 3.8c smashed down by today's close, anything is possible.
So far the big guys, according to the trading volume, haven't participated yet and as these guys are always better informed than us retail you guys can come up with your conclusion.
Disclosure: Yes, I am trading the hell out of heads and if possible, oppies too.
Cheers, downramper Steini
IMU Price at posting:
3.9¢ Sentiment: None Disclosure: Not Held
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